Does art really imitate life in the case of Anna Wintour?

Anna Wintour is an icon of the fashion industry for not only her editor-in-chief title at Vogue magazine, but also for her profound eye on what is fashion.

Just like what Lauren Weisberger, writer of "The Devil Wears Prada" and former personal assistant to Wintour, wrote about her, then brought to life in film with a title being the same as the book. She is cold and manipulating, played out on screen by legend Meryl Streep with the fictional name of Miranda Priestly.

A new documentary about her premiered recently at the Museum of Modern Art, and is directed by R. J. Cutler. It chronicles the day to day of her life at the magazine, focusing mainly on when she and her staff compiled the September 2007 issue of Vogue.

According to a NYtimes.com article, the September 2007 issue set a new record as far as fashion magazines go. In total it was 840 pages, 727 pages of this issue were ads. It weighed around five pounds and was the perfect example of wasteful and over the top spending. It could be a great example of how far our greed has gone in relation to the current economic status.

Anna is not the type of person to budget herself because of troubled times, she built her empire, why should she break her back for anyone?

In the same article in NY.times.com, those involved with the magazine had no idea that they were going to have to cut back on their overzealous spending. This past September, ad pages in the magazine sunk 36 percent. Around the same time, a Wall Street Journal article triumphed, "Thick Fashion Magazines Are So Last Year."

The main point is not that Anna is cold. Rather, can this lavish woman remain important in today's economy? "What Price Fashion?" a piece coming out in the new issue of Vogue, proclaims that "overpriced fashion no longer makes sense." In retrospect, Anna herself is not scaling back at all.

N.Y. Magazine states it seems while other fashion magazines will probably opt for less expensive hotels and dinners and maybe even send fewer editors to Europe this time around, Vogue's plans for covering the shows "are precisely as they have always been." Guess that's fashion.