You Know You’re In Trouble When ….

… the credit crisis disrupts the annual white truffle sale in Tokyo.  As Bloomberg’s reports:

truffle“An 850-gram white truffle from northern Italy sold for 24,000 euros ($30,900) at the 10th Annual World Alba White Truffle Auction in Tokyo last night. By weight, that’s 84 percent less than the $330,000 Macau casino billionaire Stanley Ho paid for a 1.5 kilogram truffle last year.

The auction, held simultaneously in Tokyo and the Italian towns of Grinzane Cavour and Merano, raised a combined 118,000 euros for various charities, including the United Way and victims of the September bombing of the Marriott Hotel in Islamabad. A similar charity auction last year raised $453,000.”

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