Saturday, October 22, 2005

Funny Money: Earnings, Fraud and 'Bud Pong'

Came upon an interesting article on TheStreet.com

What I mainly got a kick out of was the following considering I've worked in the past for an AB distributor and also have about 5% of my portfolio in their stock.

Bar Games and War Games

Anheuser-Busch ended its "Bud Pong" promotion when executives found out it was being played improperly. Apparently, people were gasp! using beer, not water! The horror! The shock! An Anheuser-Busch representative said: "Bud Pong doesn't drunk people, people drunk people." (The company then announced plans to sell bongs for tobacco smoking and crack pipes as flower pots).

On a related note, a new Chinese vodka promises to eliminate hangovers. The beverage, Han, claims that Americans should keep drinking and partying so they don't even notice China taking over the world.

Meanwhile, Google is opening sites in Europe. The company wants to study Germany's tactics for world domination so that it doesn't make the same mistakes.

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