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[personal profile] conuly
http://news.yahoo.com/s/ap/20091228/ap_on_re_us/us_old_man_economy

A planned memorial to New Hampshire's state symbol, the Old Man of the Mountain, has fallen on hard times — much as the profile rocks of the Old Man fell off his mountain cliff in Franconia Notch State Park and crumbled to bits in May 2003.

Kathy McCormack, Associated Press Writer? You need to stop trying so hard. You're not writing Paul Clifford, you're doing a simple article on the Old Man of the Mountain. Thanks.

Also, apparently this was a bumper year for falling Ponzi schemes. It's probably good that so many have collapsed lately, but it's bad that there were so many TO fall.

In Itty Bitty Kitty news, I just fed him. He fell on that plate of dry food like he was starving. Given that I know for a fact he was fed two times today already, I doubt that. Poor baby.

Date: 2009-12-29 05:01 am (UTC)
From: [identity profile] sayga.livejournal.com
My MIL got $50K from her parents' estate and invested it in Colombian securities promising 27% returns OR MORE. My boss (a financial advisor) advised her not to do it but she did anyway, and now it's gone. They don't think it actually went into securities but think it was a Ponzi scheme too. Their friend who got them into it lost way more and is suing, but hasn't been successful yet.

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