The economic crisis gripping the US has now reached an entirely new ugly chapter; Playboy Billionaire Hugh Hefner has been told to tighten his purse strings or face bankruptcy.

The economic crisis gripping the US has now reached an entirely new ugly chapter; Playboy Billionaire Hugh Hefner has been told to tighten his purse strings or face bankruptcy.

If you think you have it bad, think of poor Hef, he may have to sell the mansion and be forced to *gasp* fornicate with only one girlfriend.

OH THE HUMANITY!

Shares of Playboy have taken a beating lately. The stock has dropped from $11.23 to $2.81, and Hefner has been told to cut his staff in New York and Los Angeles immediately, as in NOW or face bankruptcy.

According to an insider familiar with Playboy finances who talked to the editors at Bitten & Bound, "Only the top brass has known for a while how bad things have been for Hef recently."

The timing is perfect for Hugh, since two of his girlfriends, Holly Madison and Kendra Wilkinson have been rumored to be taking their tails elsewhere. There are photos of Girlfriend #1 making time with magician Criss Angel in Las Vegas, and Hef’s youngest girlfriend was seen out and about with Philadelphia Eagles Hank Baskett III. This is really sad for Holly. I mean look at her, she could totally do better than Criss Angel.

They say it's always darkest before the dawn and rumor has it Hef has become smitten with buxom brunette, Dasha Astafieva.

He could do worse.

Original Article: www.bittenandbound.com

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