Business

VOGUE’S WEB OFFER IS BAG TO THE BONE

‘8MONEY’

ANNA Wintour‘s Vogue Magazine, the bible of high fashion, seems to be — to borrow an expression — half in the bag.

The tony monthly was offering new subscribers a “Special Online Offer,” an “Exclusive red handbag free.”

The image (above), which accompanies this Web ad shows what appears to be a red leather bag with a crocodile embossment and a clasp with over-the-shoulder straps.

Instead what shows up in the mail (below) in a standard 8 in. by 10 in. polybag, is a red canvass bag with “pleather” handles about the size of a small gym bag.

The bag also has “pleather” patches on the bottom corners and a zipper closure. Neither of these features appear in the online bag.

Calls to Condé Nast’s promotion department to explain the mix-up were not returned. Michael Gray

Citi talk

Banking analysts have marked their calendars for Tuesday. Citigroup has scheduled that date to meet with its shareholders and hold its board of directors vote.

Beltway insiders and other Wall Street bankers will be closely following the mood of investors when CEO Vikram Pandit takes the podium at the corporate headquarters in Midtown to see how they vote for the company slate of directors to gauge Main Street’s sentiments on the banking bailout.

Ned Kelly, Citigroup CFO, foresees the investor confab as being a very long day and vows to be prepared for the many questions coming from investors. Post staff

National Basketball Association owners met with Jamie Dimon on Friday, not to discuss Xs and Os but how to score in a recession.

The JPMorgan Chase chief diagrammed “a far-ranging discussion with a person of enormous knowledge about every aspect of the economy,” said NBA Commissioner David Stern.

The Midtown tip-off was set up as a way for NBA owners to find ways to cope with declining ticket and corporate sales in the face of rising unemployment and declining public support from their respective local governments.

“It was a broad discussion that did not focus on sports,” said Stern.

“We have a business that is affected by every aspect of the economy,” he added.

Stern says he asked Dimon to speak because “he’s a person who was in the room when a variety of things were done.”

The commish was making reference to Dimon playing point guard for many of former Treasury Secretary Hank Paulson‘s decisions on Bear Stearns and the fallout from Lehman Bros.’ bankrupcy last year.

Post wire services

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