Playgrounds of Rich and Famous Hit the Skids

What would Jay Gatsby say?
By Mary Papenfuss,  Newser Staff
Posted Mar 17, 2009 9:20 AM CDT
Playgrounds of Rich and Famous Hit the Skids
Sean Combs and Kim Porter with their children kick back at their 'Real White Party' at the Combs' East Hampton estate in the good old days in 2007.   (Getty Images)

Even crème de la crème communities are curdling in the current crisis, reports the Telegraph. Take the Hamptons, where nearly as many homes were being foreclosed last week as the number of places sold. Residents in the super-affluent towns on Long Island's east end are struggling to meet mortgages or selling off tony homes at fire sale prices. But fear not, as not all amenities have been scrapped—customers at a recent house sale were treated to wine and cheese.
(More fiscal crisis stories.)

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