Sonja Morgan

Sonja shares her heartbreak over the financial troubles -- and the way her so-called friends reacted.

on Jun 16, 2011

I was shocked the subject of my financial affairs and business dealings were brought up at the focus group for Jill's shapewear. I was there to help Jill launch her product, and could have easily cancelled considering my state, but didn't want to let her down. I have a background in marketing and fashion and thought I was invited to make helpful comments. It was not the appropriate place or time. I was once again blindsided by people who are considered friends.

I am heartbroken that I have had the worse advice from so called experts. I trusted that my managing director who had 20 years experience in the movie business knew what he was doing and that my financial advisors and lawyers had me covered -- all while going through a divorce and a financial market crash.

Speaking of experts I love when Jill says “When you add on your assets of $12 million and you add on that liability of $7 million, that’s where the $19 million comes from. I think that’s where they got it.”

Well Jill, I do know when you take seven from 12 its not 19, it's five. These are the kinds of experts and friends that got me in this mess! Of course my lawyers tell me later that I had to list my ex-husbands mortgages as well, because we haven't settled our divorce. Things aren't how they may appear. That's why one needs the right "experts."

It has been a steep learning curve in a business I knew nothing about. That was my mistake. I am back to doing what I know and will recover some of my loss with continued hard work. I have always been a hard worker and pull my own weight in my relationships. I do need to be a bit less trusting of people though. I like to see the best in everyone but not everyone wants the best for me. It's hard to take off the rose colored glasses because I like to enjoy my life to the fullest with a light heart and believe everyone is kind. Facing this reality is not pretty for me.