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Sep 30, 2008, 06:05AM

Hugh Hefner to sack Playboy bunnies amid financial crisis

That headline comes straight from The Daily Telegraph, which seems to equate Bear Stearns, Lehman Brothers and AIG with Hugh Hefner.

"Tycoon Hugh Hefner has been advised to cut back on staff at his multi-million dollar glamour empire as it struggles to cope during the global economic turmoil.

The 83-year-old has been told to lay off some of his staff at his Los Angeles and New York offices as soon as this month or go bankrupt.

The company has recently seen shares fall from £6.20 to £1.55."

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