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Lindsay Lohan’s E*Trade Suit Parallels the Decline of Her Career in Advertising

By Jim Edwards | March 9, 2010

Lindsay Lohan’s sad lawsuit against E*Trade (ETFC) for using the name “Lindsay” in its ads is likely an indicator of how desperate the actress’s finances appear to have become. She was once the darling of the ad world, sought after by major brands for her endorsement. If she walked down Madison Avenue now she wouldn’t get arrested.

Lohan is seeking $100 million from E*Trade, whose Super Bowl ad featured a baby girl interrogating a baby boy who stood her up. “And that milkaholic Lindsay wasn’t over?” the baby girl asks. Lohan apparently thinks that’s a reference to her, according to the New York Post.

Tabloids speculate that Lohan is near bankruptcy. A look at the rise and fall of her career in advertising shows that may be true. As a rule of thumb, the amount and status of a celebrity’s ad appearances is roughly correlated to their financial needs, as evidenced by Kyra Sedgewick’s sudden need to advertise orange juice following the loss of her investment fund with Bernie Madoff.

Lohan once had a promising career ahead of her in advertising. As a child actress she starred with Bill Cosby in an ad for Jell-O:

In the mid-200s, when she was the hottest property on the block, MTV used her in its promos:

Perhaps the best measure of her now-gone white-hot status was Proactiv’s use of her for its anti-acne products. The current roster of Proactiv endorsers includes Katy Perry and Avril Lavigne:

But that was years ago. Since Proactiv, Lohan has failed to land a major endorsement. She made a bizarre, cheap campaign for clothing brand Fornarina (pictured at top) that was poorly received:

And she recently ended an association with the design house Emanuel Ungaro.

The E*Trade suit will, of course, be thrown out of court. Nobody thinks one of the E*Trade babies is Lohan. Before that happens, the judge might want to ask whether her lawyer, Stephanie Ovadia, charged Lohan a fee for this frivolous, doomed suit.

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Talkback 3 Talkbacks

RE: Lyndsay Lohan's E*Trade Suit Parallels the Decline of Her Career in Advertising
Who cares about Bernie Madoff? Here's another example that
has ripped off millions of people for several decades, to the tune
of 10s of billions of dollars:

Amway is a scam, and here's why: Amway pays out as little
money as they can get away with, so they support the higher
level IBOs ripping off their downline via the tool scam.

As a result, about 99% of IBOs operate at a net loss, while the
top 1% make several TIMES more from their Amway tool scam
than from the Amway products. This was made illegal in the UK
in 2008, but our FTC is unable to pull their heads out of their
butts to stop it here.

Read about it on my blog, I suggest you start here:
http://tiny.cc/D5oJh and forward the information to everyone
you know, so they don't get scammed.
ZDNet Gravatar
Textextextex
03/09/2010 12:47 PM
RE: Lyndsay Lohan's E*Trade Suit Parallels the Decline of Her Career in Advertising
@Textextextex: Are we reading the same article? Sheesh....Can you say "Off topic"?
ZDNet Gravatar
Jess Robinson
03/10/2010 09:05 AM
RE: Lyndsay Lohan's E*Trade Suit Parallels the Decline of Her Career in Advertising
The author brought up Madoff, not me.
ZDNet Gravatar
Textextextex
03/11/2010 06:48 AM

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