1.19.2005

Don't tell me the WSJ isn't a fun place to write.

From Once-Hot Krispy Kreme Ousts
Its CEO Amid Accounting Woes
:

"But as Krispy Kreme doughnuts became more widely available, their popularity frittered away."

I get it. And I love it.

Fans of trashing the foundation of retirement security should also like this:

"Shares of the onetime stock-market darling...closed at an all-time low of $8.72 just last week. Just 18 months ago, shares of the doughnut maker, which went public at a price of $5.25 apiece in 2000, were nearing $50 at their all-time high."

Speaking of frittering away. Not the people shouldn't be allowed to do that, but it's better that they have a safety net below them when they do.

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