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This season of The Simpsons could be the LAST. Fox says it can’t go on producing more seasons under its current financial model. They have proposed that the main cast members take a 45 percent pay cut down from $8 million to just over $4 million. The actors had previously tried to negotiate a smaller pay cut and a percentage of the back end.

Queen Elizabeth cancels holiday party. You know times are tough when one of the richest women in England has to cancel her Christmas party. No I’m not talking about JK Rowling. I mean the queen. Queen Elizabeth the second has called off a bi-annual holiday party for the staffs of all her estates and private residents, feeling it was important to show restraint in these tough economic times.

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Iceland ex-PM charged in financial meltdown. Iceland’s former Prime Minister has been indicted for his role in that country’s devastating financial crash. Geir Haarde is facing up to two years in prison for failing to prevent the crisis. Haarde, who stepped down last year, is defiant in the face of the charges. If convicted, he’d be the first world leader charged in connection to the global economic metldown.

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