"For a few months in 1922, throngs of America’s youth — from schoolkids to shopgirls — were swept up in a leaderless pyramid scheme that promised “something for nothing” and encouraged promiscuous flirtation. These were the “Shifters.” This is their (brief) story.
" (NYTimes link) Previously on the flappers and flapper slang: 1, 2.
posted by OmieWise
on Dec 6, 2012 -
Would you trust this man
with your life's savings? Successful entrepeneur and president of Trans Continental Airlines cum boy band svengali, Lou Pearlman
was the guiding hand behind N'Sync, the Backstreet Boys, and O-Town. Now, however, he's on the lam
, wanted by the FBI for swindling old folks out of $317 million. Pearlman was last seen in Berlin on February 1st; as he sat in a crowded theater watching his latest creation, the German boy band US5,
win an international pop award, FBI investigators were already combing through his Florida home and offices.
posted by billysumday
on Apr 17, 2007 -
In the murky world of HYIP (high-yield investment programs), on the wrong side of the Internet tracks, Team Aaron and Shara were very well known
. They had tens of thousands of fans, eager to know which programs were still paying 1-2% per day (or more!). Now their fans will have to resort to other sites
to see who is still paying
. Curiously, these programs only seem to take anonymous, non-disputable forms of e-payment, such as e-gold
. Now, all that is left of them is their farewell website
. Did they retire on all of the referral fees, as some suspect? It is impressive that such effort is dedicated to this snake oil
, but the law of large numbers must make it work. Who can resist 1.5% an hour return on investment? Is this what has become of anonymous micropayments?
posted by Adamchik
on Apr 26, 2006 -