Peerless photographer Annie Leibovitz may be the latest victim of America’s bad debt crisis and nationwide recession — and also, said an Agence France-Presse story, “of her own relentless artistic ambition.”

“How Could This Happen to Annie Leibovitz? The $24 million question,” asked New York Magazine. “Her debts now total a staggering $24 million, consolidated with one lender with whom she is engaged in a lawsuit and due in September. If she can’t meet that deadline, she may lose her homes and the rights to her life’s body of work.”