I looove LELO products. They’re a reputable sex toy brand who’ve produced gems like The ORA, the LUNA Smart Bead and the IDA, to name a few, which is why I’m completely baffled by the creation of their new product, The PINO.
The PINO is the brand’s newest sex toy, designed specifically for male bankers. In a press release for the product, LELO claims the PINO is “the first pleasure object ever created to satisfy the hedonistic sexual cravings and excesses exhibited by members of the financial world.” So, basically they’re calling bankers greedy sex-crazed maniacs, if I’m not mistaken. Keep reading »
I’ve written before about issues around payment processors and the sex industry, how businesses like Paypal, WePay and Google Wallet were shutting anyone they suspected of sex work out of using their services.
Well, turns out that a trickle down effect is happening within the banking world, as Chase recently sent letters out to hundreds of porn performers telling them their bank accounts would be shut down May 11th. Perez Hilton posted a photo of one of these letters from adult performer Teagan Presley, and while I am somewhat loath to link to his blog, I think it’s important to read the language. You’ll notice that Chase never specifically cites adult work in their decision, just that they “reviewed the account and determined that we will be closing it on May 11, 2014. Please accept our apologies for the inconvenience.”
I’m sure they’re terribly sorry. Just as they were really apologetic for refusing to process payments for Lovability CEO Tiffany Gaines. Her crime? Selling condoms, because they’re “adult-oriented material”. The same adult oriented material, of course, as Trojan, who could process their payments with no issues through Chase, but never mind. As long as they’re really sorry about it. Keep reading »
New Yorker Garrett Hoelscher spent three years in investment banking before he decided he really couldn’t take it anymore. That’s when he traded in his business suits for a waffle iron and hatched a plan to sell waffles on the tops of ski mountains. His business, Waffle Shrine, has yet to sell a single waffle, but Hoelscher is hoping he can create a mountaintop waffle empire in the next few years. Keep reading »
As we’re all trying to figure out what went wrong in our banking system to cause the recession we’re in, we’re blaming just about anyone and everyone involved, especially the men at the top. Yes, I said the men. Not many of the folks getting blamed on the news are women, so it leads us to wonder, would we be in this position if there had been more women leading the banking industry?
German news magazine Der Spiegel interviewed Mary Ellen Iskenderian, the president and CEO of Women’s World Banking, an international micro-finance organization, and she addressed this. While she didn’t come out and say the recession wouldn’t have happened if women were in charge, she does say the story line might have played out differently… Keep reading »