Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
One weird side effect of this decade's boom and subsequent bust is the recent spate of depressing celebrity auctions. Anne Hathaway isn't selling her jewels to pay the bills like Teresa of Real Housewives, but there's still something sad and recession-appropriate about the government's current attempts to auction off pricey accessories seized from her swindler ex-boyfriend Raffaello Follieri. Partly it's the fact that the whole tragic story—con man seduces actress—feels so 2007, but partly it's just that according to the Post, nobody's buying. Click through to see some of Anne's confiscated jewelry, which is really pretty tasteful. [Gawker; Previously; NYP]