Someone gave money to Crocs?
Just when I was feeling all happy that it's Friday, there's bad news. Very bad.
Someone is trying to bailout Crocs. As you know, the ugliest shoe in America hit a rocky financial patch earlier this year. I guess folks decided they had enough of walking around looking like Ronald McDonald. Well, I was ready to toast the demise of these hideous shoes with a martini and crocodile tears (sorry, I could resist).
Now, Reuters is reporting that PNC Financial Services Group Inc. (I'm guessing it's a front for Satan) is going to spot Crocs a $30 million loan. Fools! Why not take your money and just give it to Bernie Madoff? It's a more sound investment. Does this mean more Crocs? Even Tim Gunn has urged Michelle Obama to retire her Crocs. It's a bad example for the nation. Think of the children!
Contributors
Hayley Kaufman is editor of the Style section.
Rachel Raczka (@rachelraczka) is the lifestyle producer for Boston.com.
