Annie Liebovitz is known for her incredible celebrity photography but she also has a notable history of legal trouble when it comes to her finances. In 2009 she was sued by a loan company for nonpayment of a $24 million dollar loan. Liebovitz had put up her homes and the rights to her entire photographic catalog as collateral for the loan, which the loan company could collect if they win the suit. Adding to her financial troubles, she also still owes $2.1 million dollars in federal taxes from 2004-2007 and has $383,895 in tax liens owed to the state of NY. Her friend Graydon Carter, the editor at Vanity Fair, may have summed up the situation best in his 2014 comment to the New York Times: "The mind that can take these extraordinary pictures is not necessarily the same mind that is a perfect money manager.”