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10 Essential Vegas Movies In The Hungover Spirit Of 'The Hangover Part III'

Las Vegas is one of those distinctly American creations: it was designed and built by a gangster, in the middle of a deathly desert, as a utopian celebration for bad behavior, gilded excessiveness, criminal activity and off-color kitsch. It's a place where you can stay in intricately themed hotel/casinos based upon the pyramids of Egypt, Arthurian castles, New York City, Paris, Amazonian rain forests, Roman coliseums and Robert Louis Stevenson's novel "Treasure Island," but you'd be hard-pressed to find a museum or library to attend. And yet there's something hypnotically attractive about this place – we keep returning to it, again and again, both in real life and in the movies. This week's "Hangover, Part III" climaxes (as it were) in Vegas, high atop Caesar's Palace, and in keeping with this we decided to celebrate the bad taste and blinding neon lights of Vegas by showcasing ten of the very best Las Vegas movies.  "Ocean's 11" (Lewis Milestone, 1960) It's a swinging good...

Riches To Rags! Shrunken Heads, Castles, Pet Octopus, King Cobras, How Nicolas Cage Squandered His Millions And Ended Up Broke

Nicolas Cage is known for his whacky demeanor and bizarre antics so its no surprise his extravagant purchases fall on the side of strange. In the second part of OKMagazine.com's special feature on how celebrities go broke, we breakdown how the Leaving Las Vegas star went from bank to bankrupt, and you won't believe what the 49-year-old star frittered his millions away on! Nicolas Cage found himself in a financial black hole after being hit for an unpaid back taxes bill of $14 million! Despite once being one of Hollywood's highest paid actors—earning a whopping $40 million in 2009—Cage was one small step from bankruptcy after he was hit with a bill for unpaid taxes totaling more than $14,000,000 for failing to pay in full for 2002, 2003, 2004 and 2007.  OK! News: The Inside Track On How Multi Million Celebs Go Broke In addiction, he was ordered to pay over $2 million to the Nevada State Bank and is facing lawsuits from East West Bank and Red Curb Investments for unpaid, multimillion dollar loans. Cage hit back immediately, blaming his business manager, Samuel Levin—suing him for negligence and fraud and alleging that Levin "had failed to pay taxes when they were due and had placed [Cage] in speculative and risky real estate investments 'resulting in (the actor) suffering catastrophic losses".  Cage was estimated to have earned a whopping $40 million in 2009 However, Levin did't take the lawsuit laying down, and immediately filed a countersuit, slamming the star for his outrageous and out of control spending and blaming him for his financial woes—claiming he refused to heed Levin's advice to quit spend, spend, spending! OK! News: Find Out What the Real Housewives Get Paid In his lawsuit, Cage's ex-manager claims that, "instead of listening to Levin, cross-defendant Cage (Coppola) spent most of his free time shopping for high ticket purchases, and wound up with 15 personal residences. "Likewise, Levin advised Coppola against buying a Gulfstream jet, against buying and owning a flotilla of yachts, against buying and owning a squadron of Rolls Royces, against buying millions of dollars in jewelry and art." Cage bought this huge Bel Air estate for $6.5 million in 1998, it was foreclosed upon in 2010 Cage was subsequently forced to sell off a slew of assets he had acquired over the years including castles, luxurious homes around the world, exotic pets, his own private island in the Bahamas and….ermmm…. dinosaur skull bones and shrunken heads. OK! NEWS: NICOLAS CAGE FLEES NEW FILM BEFORE SHOOTING BEGINS  So, how crazy did Cage's spending spree get? Check out the rundown on how he blew an estimated $150 million fortune and see for yourself! Property: In 1998 the star splashed out $6.5 million for an over-the-top 11,000 square foot Bel Air mansion. In 2004 Cage purchased a luxury home on Paradise Island in Nassau, Bahamas for $1.8 million; a Fifth Avenue, New York City condo for $2.5 million and a Malibu mansion for $10 million. In 2005 he snapped up another Fifth Avenue condo, this time for $3 million. In 2006 the actor bought the medieval castle of Schloss Neidstein in the Oberpfalz region of Germany for $2.3 million; Tilham Barn in Somerset, England for $1.35 million and a 14,300 square foot mansion in Las Vegas, Nevada for $8.5 million. in 2007 he splashed out on "Grey Craig", a 24,000-square-foot country manor in Rhode Island for $16 million; Midford Castle in Somerset, England for $7.5 million; the "Most haunted House in America" the LaLaurie mansion in New Orleans for $3.45 million and a 1914 Tudor style mansion in San Francisco for $9.4 million. Cage purchased TWO luxury Fifth Avenue condos in NYC for a total of $5.5 million Private Islands: As if one private island wasn't enough, Cage bought two! In 2000 he purchased a 50 acre island in the Bahamas for a reported $4 million, and then, in 2006 he became the proud owner of 40 acre Leaf Cay, also in the Bahamas, after splashing out $7 million for the privilege. Transportation: In his court filing, Levin claims Cage purchased 22 automobiles (including 9 Rolls Royces. Also in his collection: a rare $500 thousand Lamborghini, a Porsche, a Jaguar, a Hemi Barracuda, a Bugatti and a $1 million Ferrari Enzo, one of only 349 produced. Cage also owned a total of 30 motorcycles, a $30 million Gulfstream private jet and, not one, but FOUR luxury yachts! Cage's New Orleans home was purchased in 2007 for $3.45 million Art and collectables: Nearly 50 expensive works of art, dozens of jewels, and some insane collectables, including, a $276,000 67 million year old dinosaur skull, shrunken heads and a mammoth tusk handled hunting knife for $2,000.   Exotic 'pets':  Cage reportedly once spent $276,000 to buy an Octopus and two King Cobras Comics: The actor purchased Action Comics 1 in 1997 for $110,000.  Cage married his third wife, Alice Kim, in 2004, he was previously married to Patricia Arquette and Lisa Marie Presley There is some light on the horizon for the serious shopper however, in February of 2012 after his massive sell-off, Cage managed to pay down a little less than half his tax debt. Lets hope he cuts up that black Amex card!   What do you think about Nicolas cage's crazy spending? Sound off in comments below and tweet us @OKMagazine                                 Nicolas Cage is known for his whacky demeanor and bizarre antics so its no surprise his extravagant purchases fall on the side of bizarre. In the second part of OKMagazine.com's special feature on how celebrities go broke, we breakdown how the Leaving Las Vegas star went from bank to almost bankrupt, and you won't believe what the 49-year-old star frittered his millions away on!   Despite once being one of Hollywood's highest paid actors—earning a whopping $40 million in 2009—Cage was one small step from bankruptcy after he was hit with a bill for unpaid taxes totaling more than $14,000,000 for failing to pay in full for 2002, 2003, 2004 and 2007.  Big Name Celebrities Who Have Gone Broke In addiction, he was ordered to pay over $2 million to the Nevada State Bank and is facing lawsuits from East West Bank and Red Curb Investments for unpaid, multimillion dollar loans. Cage hit back immediately, blaming his business manager, Samuel Levin—suing him for negligence and fraud and alleging that Levin "had failed to pay taxes when they were due and had placed [Cage] in speculative and risky real estate investments 'resulting in (the actor) suffering catastrophic losses".  OK! NEWS:  NICOLAS CAGE NIXES NAME TALK However, Levin did't take the lawsuit laying down, and immediately filed a countersuit, slamming the star for his outrageous and out of control spending and blaming him for his financial woes—claiming he refused to heed Levin's advice to quit spend, spend, spending! In his lawsuit, Cage's ex-manager claims that, "instead of listening to Levin, cross-defendant Cage (Coppola) spent most of his free time shopping for high ticket purchases, and wound up with 15 personal residences. "Likewise, Levin advised Coppola against buying a Gulfstream jet, against buying and owning a flotilla of yachts, against buying and owning a squadron of Rolls Royces, against buying millions of dollars in jewelry and art." OK! NEWS: NICOLAS CAGE FLEES NEW FILM BEFORE SHOOTING BEGINS  Cage was subsequently forced to sell off a slew of assets he had acquired over the years including castles, luxurious homes around the world, exotic pets, his own private island in the Bahamas and….ermmm…. dinosaur skull bones and shrunken heads. So, how crazy did Cage's spending spree get? Check out the rundown on how he blew an estimated $150 million fortune and see for yourself! Property: In 1998 the star splashed out $6.5 million for an over-the-top 11,000 square foot Bel Air mansion. In 2004 Cage purchased a luxury home on Paradise Island in Nassau, Bahamas for $1.8 million; a Fifth Avenue, New York City condo for $2.5 million and a Malibu mansion for $10 million. In 2005 he snapped up another Fifth Avenue condo, this time for $3 million. In 2006 the actor bought the medieval castle of Schloss Neidstein in the Oberpfalz region of Germany for $2.3 million; Tilham Barn in Somerset, England for $1.35 million and a 14,300 square foot mansion in Las Vegas, Nevada for $8.5 million. in 2007 he splashed out on "Grey Craig", a 24,000-square-foot country manor in Rhode Island for $16 million; Midford Castle in Somerset, England for $7.5 million; the "Most haunted House in America" the LaLaurie mansion in New Orleans for $3.45 million and a 1914 Tudor style mansion in San Francisco for $9.4 million. Private Islands: As if one private island wasn't enough, Cage bought two! In 2000 he purchased a 50 acre island in the Bahamas for a reported $4 million, and then, in 2006 he became the proud owner of 40 acre Leaf Cay, also in the Bahamas, after splashing out $7 million for the privilege. Transportation: In his court filing, Levin claims Cage purchased 22 automobiles (including 9 Rolls Royces. Also in his collection: a rare $500 thousand Lamborghini, a Porsche, a Jaguar, a Hemi Barracuda, a Bugatti and a $1 million Ferrari Enzo, one of only 349 produced. Cage also owned a total of 30 motorcycles, a $30 million Gulfstream private jet and, not one, but FOUR luxury yachts! Art and collectables: Nearly 50 expensive works of art, dozens of jewels, and some insane collectables, including, a $276,000 67 million year old dinosaur skull, shrunken heads and a mammoth tusk handled hunting knife for $2,000.   Exotic 'pets':  Cage reportedly once spent $276,000 to buy an Octopus and two King Cobras Comics: The actor purchased Action Comics 1 in 1997 for $110,000.  There is some light on the horizon for the serious shopper however, in February of 2012 after his massive sell-off, Cage managed to pay down a little less than half his tax debt. Lets hope he cuts up that black Amex card!   What do you think about Nicolas Cage's crazy spending? Sound off in comments below and tweet us @OKMagazine        

Riches To Rags! How Stars Go From Big Bank To Bankrupt, The Inside Story On Blowing A Fortune

Lindsay Lohan, Nicolas Cage, Pamela Anderson, Kim Basinger and Dionne Warwick have more in common than just a star on the Hollywood walk of fame. They're all part of the riches to rags club—celebrities that have managed to go from millions in the bank to flat broke—and OKMagazine.com has the rundown on what's behind stars' falls from financial grace. Lindsay Lohan's many legal woes, stints in rehab and outstanding IRS debts have left her financially in the hole It seems hard to believe that one day you can have a fortune, and the next day nothing, but it's happened to a multitude of actors, actresses, singers and athletes Media finance expert, Mandy Calder, weighs in on the subject, explaining how it's possible to go from big bank to bankrupt.. literally overnight. OK! News: Find Out What the Real Housewives Get Paid "It's a combination of several factors," Calder tells OKMagazine.com. "Mismanagement plays a huge role, along with overspending, poor financial planning and an inability to believe one day you may no longer be commanding the huge salary you currently are, that you'll no longer be a star. "A lot of celebrities believe their own hype—believe they are more talented than anyone else and that they will be top of their game and in demand for the rest of their lives. Both Pamela Anderson and Nicolas Cage have managed to blow through fortunes, forcing them to file for bankruptcy "Big mistake! For probably ninety-five percent of celebs that just isn't the case. You're going to shine bright and earn the big bucks for a relatively short period then you're likely to have a career, and demand lull, and your earnings are going to suffer accordingly. "A lot of celebrities believe they're never not going to be a star, they start living the lifestyle—private jets, huge homes, entourages, crazy shopping sprees, champagne, parties, the A-list life—and in a way, they kind of have to live that lifestyle to be seen as being a star.  RIHANNA AND CHRIS BROWN SPOTTED TOGETHER AT JAY-Z CONCERT "I mean, if you're just shopping in Walmart no-one's really going to be interested, you've got to be seen to be buying the right things and going to the right places because that increases your star value…which in theory means you will earn you more money in the future. "But, when the big paydays dry up and you're still living that life, you're in major trouble. Stephen Baldwin filed for bankruptcy in 2009, his ex-sister-in-law, Kim Basinger, filed in 1993 "What happens quite often, particularly I think with music stars, is they're often a big huge success then it tails off very quickly, because the industry is very fashion orientated—they're like one hit wonders or something— then, they don't have any income coming in anymore. "So, having committed themselves to living the A-list lifestyle they no longer have any money to support it. A lot of stars just don't realize they have a very limited shelf life." Watch: One Hit Wonder Girl Songs from the 2000s Another major financial pitfall is the dreaded tax bill. "The classic way stars go broke is from tax demands," Calder says. "They don't put any money aside for their tax bill and that's what the majority of them end up being bankrupt by….they haven't put aside for their taxes and when the time comes around they've spent all their money and they have nothing else coming in and they have no money to pay up. "With musicians as well, they often get a record advance—a large lump sum. They sign up for record deal, get a lump sum in advance, but again what they don't appreciate is that not only do they have to pay tax on that, but there's no more income until that advance has been recouped. Teen idol Corey Haim was 'broke and destitute' when he died at age 38 in 2010 "So, say they get half a million dollars in advance, there's no more income until they've sold probably 3 - 4 million dollars worth of records because, obviously, off that comes management fees, marketing, advertising, expenses and they have to recoup the advance sum, so chances are they're not going to see any more income for two or three years after their initial advance, and they're limited in what they can do to earn money elsewhere as they are signed to a contract.  "Some of them, that's their only hit anyway.. so they don't earn any more income period." Kelly Rutherford Files For Bankruptcy After Bitter Custody Battle Leaves Her Broke Another issue is that many stars just have no interest in the whole financial side of their business, and although they enjoy earning and spending the money, they have no interest in keeping track of their finances—often placing blind trust in their management team to do so on their behalf—leaving them open to opportunists taking advantage of them. "Elton John is a prime example of a star being taken advantage of," Calder explains. "He actually took his former manager of 23 years, who was also his ex-boyfriend, to court to try and recoup the millions of dollars he claims were mismanaged by him. Anna Nicole Smith was forced to declare bankruptcy in 1996, Dionne Warwick filed earlier this year "Elton John discovered he had a $20m hole in his finances and had no idea what his money was being spent on! During court proceedings there was a shocking run down on Elton's overspending and mismanagement of his finances—he was actually paying more than $75,000 a month in interest payments to the bank, despite him having a net worth in the mega-millions. "Elton famously wouldn't look at his accounts himself, and when his accountant handed them to him he would just rip them up..he just wasn't interested in the accounting side at all.  OK! GALLERY: NEIL PATRICK HARRIS, DAVID BURTKA, ELTON JOHN & DAVID FURNISH HIT UP ST. TROPEZ WITH THEIR KIDS "In court, the defense said to Elton, 'well you must of known what was being spent on what' but he didn't, he didn't have a clue!  "For instance it came out that he had blown through $60 million in a 20 month period—$455,000 in one year on flowers alone—and Elton had no clue! "Luckily for Elton John his fortune is so great, and he continues to earn the big bucks, so it didn't ruin him, but a lot of smaller range stars aren't so lucky." When Elton John took his ex-manager to court for mishandling his finances it was discovered he had blown through $60 million in 20 months! For amazing tales of riches to rags, with breakdowns of where the money went check back with OKMagazine.com over the next week as we breakdown how individual stars went from bank to broke….  Who blew a fortune on shrunken heads? Had nine Rolls Royces in his collection? Owned several castles around the world, and a menagerie of exotic animals? Find out Friday on OKMagaine.com! Do you have any sympathy for stars who go broke? Sound off in comments below and tweet us @OKMagazine   Photo credit:  Splash News

Legendary horses latest victim of Spain's bust

ALMONTE, Spain (AP) — The southern Spanish region of Andalusia, famed for flamenco and Moorish castles, is also home to a legendary breed of horses that carried conquistadors into battle in the Americas, featured in Hollywood epics and more recently became trophy acquisitions for Spaniards during a giddy economic boom.

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