Seacrest ‘Bank’-ing On New Reality Series

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Ryan Seacrest is all smiles at the premiere of ‘Funny People’ in Hollywood on July 20, 2009
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Fergie & Sean Patterson attend the 40th anniversary of Wilhelmina Models in NYC on November 29, 2007
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Candy Spelling arrives at the 2009 ESPY Awards in LA on July 15, 2009
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Kimberly Wyatt, Jessica Sutta, Nicole Scherzinger, Melody Thornton and Ashley Roberts of the Pussycat Dolls perform at The O2 Arena on January 27, 2009 in London, England

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FIRST PUBLISHED: November 4, 2009 2:51 PM EST
LAST UPDATED: November 4, 2009 3:03 PM EST

HOLLYWOOD, Calif. --

As if he doesn’t have enough projects on his hands, Ryan Seacrest is taking his production company to the “Bank.”

Ryan Seacrest Prods. and E! are teaming up for “Bank of Hollywood,” a new reality show hoping to capitalize on everyday Americans’ lack of capital.

“The idea’s simple,” Seacrest told The Hollywood Reporter. “We are giving away tons of money to everyday people to alleviate the stress of today’s climate and have fun.”

According to the trade, the proposals range from a do-gooder raising money for charity to a grad student who can’t afford a ring to propose to his girlfriend.

Moreover, panelists will be giving away their own money. They include Wilhelmina Models president and TV Land’s “She’s Got The Look” judge Sean Patterson, author Candy Spelling, poker player Vanessa Rousso, and Pussycat Doll Melody Thornton.

“It’s not business opportunities people are pitching,” Patterson tells Access. “It’s that anyone can come in front of us at any time to ask for money for anything. It’s the most fun, surreal experience you could ever imagine. I can tell you right now, there’s never been a show like this on the air. Ryan’s a genius.”

The eight-episode series premieres on E! at 10 PM on December 14.

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