A SIGN OF RECESSION? In Hamptons, Slump Means Less Glitz Per Gala. “All along the East End of Long Island, a string of beach towns that represent a sort of New York version of the French Riviera, fund-raisers and their topiarists are suffering through a limp summer.” Still, “it might be too early to call this the East End’s summer of austerity.” Cool photo, though.