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Recession Schmecession

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For those whose most-called speed-dial numbers include their chauffeur and nameless personal assistant, Dior now offers a phone to match the lifestyle. Their latest technology venture is a 3-inch flip phone sparkling with sapphire crystals, diamonds and mother-of-pearl. The phone starts at $6,500, which is probably the smallest bang for your buck considering the phone can't handle e-mail technology and doesn't look like it has a camera, either. No word on whether this phone will work while cruising around on a personal yacht. [Stylecaster]