THERE'S ONE BUSINESS THRIVING IN THIS TREACHEROUS ECONOMY –
ESPECIALLY ON WALL STREET
CNBC'S "DIRTY MONEY: THE BUSINESS OF HIGH-END PROSTITUTION," ANCHORED BY MELISSA FRANCIS, EXAMINES THE WORLD'S OLDEST "RECESSION-PROOF" PROFESSION, PREMIERES ON TUESDAY, NOVEMBER 11th AT 10PM & 1AM ET
A CNBC ORIGINAL PRODUCTION WITH EXCLUSIVE ACCESS TO THE CLANDESTINE WORLD OF PAID COMPANIONS TO THE RICH AND POWERFUL
ENGLEWOOD CLIFFS, N.J., October 30, 2008 –
The stock market plummets, unemployment soars, housing prices sink, but one business is sheltered from the rest of the country's financial storm: high-end prostitution. Who are these "escorts" to the rich and powerful? And why do members of the "business elite" risk it all for their services?
CNBC, First in Business Worldwide presents "Dirty Money: The Business of High-End Prostitution" an original one-hour production anchored by Melissa Francis (co-anchor of CNBC's "The Call") airing on Tuesday November 11th at 10PM & 1AM ET.
This CNBC special report explores what motivates the men whose "high-risk, big gamble" behavior in business carries into their personal lives. Interviews with Michael Bader, psychologist and author, Male Sexuality: Why Women Don't Understand It and Men Don't Either, and Elizabeth Bernstein, sociologist, Barnard College and author, Temporarily Yours: Intimacy, Authenticity, and the Commerce of Sex, shed light on this furtive activity.
"Dirty Money: The Business of High-End Prostitution" also provides rare access to the women who command $12,000 a day (with some making a $100,00 daily rate) for these clandestine services to men for whom money is no object.
Rounding out the report are interviews with experts who include, Martha Nussbaum, Law Professor, University of Chicago; Jody Raphael, Senior Research Fellow, Schiller DuCanto & Fleck Family Law Center at DePaul College of Law; Tracy Quan, former escort, author, The Diary of a Manhattan Call Girl and Vicky Ward, Vanity Fair writer and CNBC Contributor.
For more information including web extras and extended video clips, log onto http://dirtymoney.cnbc.com
Melissa Francis is the co-anchor of CNBC's "The Call" (11AM-12PM ET), and serves as CNBC's energy reporter.
Charles Schaeffer is the Executive Producer for CNBC of "Dirty Money: The Business of High-End Prostitution." Sharon Barrett is the Executive Producer for Kurtis Productions. Molly Bedell is the Producer for Kurtis Productions. Jonathan Wald is the Senior Vice President, Business News at CNBC.
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