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President Ben Franklin is Rolling in His Grave

The discount web site Groupon promoted a $10 discount for President’s Day, noting that Alexander Hamilton appears on the $10 bill and that he is “undeniably one of our greatest presidents and most widely recognized for establishing the country’s financial system.” Hamilton indeed founded America’s financial system, and was the first Secretary of the Treasury, but he never served as president. When people pointed this out to Groupon, they got responses from the company ranging from “We’ll just have to agree to disagree.” to “We respect everyone’s beliefs. You’re certainly entitled to your opinion.” Some observers thought the error was a deliberate publicity stunt by Groupon, which is known for turning down a $6 billion buyout offer from Google, going public, and then losing 80 percent of its market value when others copied its business model. (RC/WNYW New York) ...Who needs a publicity stunt when your corporate story is already so laughable?
Original Publication Date: 16 February 2014
This story is in True’s book collections, in Volume 20.

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