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EXECUTIVE POLL

Bernard Madoff, convicted of running an $65 billion Ponzi scheme, was sentenced to 150 years in jail. What’s your take on his punishment?

Too heavy. There’s no point having him die in jail.
About right.
Not nearly heavy enough.
Not sure
 
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CURRENT LETTER

 
The Kiplinger Washington Editors
July 2, 2009
 

Overhauling
Financial Regs

By year-end or so, Congress will give the nod to a major rewriting of the nation's financial regulatory system. This week’s Kiplinger Letter explores whether the package will do more harm than good and what lawmakers are likely to include.
 
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OPEN FORUM: Share your insights and analysis with other visitors.
 
I just attended a franchise seminar. The speaker represents a few hundred franchises that (he says) are hand picked. He has the prospect (aka victim?) answer some questions about themselves then he makes recomendations - based on your personality, capital situation, etc.. If you pick a franchise, then he does some due dilligence for you. If you both decide it's a good idea, he helps you get started. He says he offers this service free of charge, which means he gets a commission if he's able to sell you a franchise. Has anyone done this? Successfully? Unsuccessfully?
-- fender
 

Guerrilla Marketing in Lean Times

Guerrilla marketing -- use of viral YouTube videos, attention-getting stunts and free media -- can be just the ticket for companies seeking to cut advertising costs.
 
 
Joe Mullich
fuelNet Monthly
fuelNet Monthly is a marketing newsletter published by The Pohly Co. consulting firm and is a monthly contributor to Kiplinger Recommends. "9 1/2 Ways" is a monthly feature of the newsletter. Featured author Joe Mullich, a former editor of Business Marketing magazine, has contributed to more than 20 national publications and has won 25 journalism awards. His work has appeared in Advertising Age, The New York Times, the Los Angeles Times, Think Magazine and Creativity.

If traditional advertising was so "been there, done that" just a year or two ago, it is now seen as downright foolish. Why spend wads of cash when a little thought and creativity can draw even more attention from potential customers?

”These days, smart businesses are leveraging cost-effective guerrilla marketing tactics, including social networking and viral marketing, to promote their products and services," says the marketing newsletter fuelNet Monthly. "All it takes is a little time, energy, and ingenuity."

Author Joe Mullich shares some ideas in fuelNet's monthly “9 1/2 Ways” column -- all them low budget or no budget. They range from small-scale, low-key guerrilla tactics such as slipping business cards into books in libraries and bookstores related to your work to ambitious, high-tech approaches such as creating lively YouTube videos that have a chance of spreading on the Internet. The newsletter mentions a brief and very funny video promoting an all-in-one sunblock and anti-poison-ivy medication that shows golfers scratching like crazy. The attention helped keep the product in hard-won shelf space of a major drugstore chain.

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