Searching For America's Biggest Financial Loser

An investment startup called Hedgeable.com is sponsoring a race to find the biggest investment loser in the past year. First prize is a trip to Rome. The Web site says that's because Rome is "the last great empire to collapse under a devalued currency and out-of-control spending."

Copyright © 2009 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required.

RENEE MONTAGNE, host:

And our Last Word in business today is biggest loser.

(Soundbite of TV show "The Biggest Loser")

Unidentified Announcer: Tonight, a new season of "The Biggest Loser" begins and it's all about second chances.

Unidentified Man: You're on "The Biggest Loser."

MONTAGNE: The TV show, America's "Biggest Loser" is about overweight people competing to shed pounds. There's a similar title up for grabs in the world of finance.

An investment startup called Hedgeable.com is sponsoring a race to find the biggest financial loser in the past year. First prize is a trip to Rome because; according to the Web site it's quote, "the last great empire to collapse under a devalued currency and out-of-control spending."

And that's the business news on MORNING EDITION from NPR News. I'm Renee Montagne.

STEVE INSKEEP, host:

And I'm Steve Inskeep.

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