Friday, November 6, 2009


Weird News Central: Wall Street Gets Ticker Tape Bailout

NEW YORK (Wireless Flash - FlashNews) – The way things are on Wall Street these days, they don’t even have enough ticker tape for a parade.

The New York Yankees just won the 2009 World Series, but the boys’ victory parade through lower Manhattan may be taking a hit.

This week, America Online Senior Correspondent Buck Wolf reports on the massive effort to shred five tons of recycled paper and distribute it so that A-Rod, Jeter, and the Yankees get their confetti shower.

For New York’s last ticker tape parade – when the Giants won the Super Bowl in 2008 – the city used 36.5 tons of paper.

Wolf says, “It gets harder each year to do this. Paper gets more expensive and new office buildings don’t have windows that open.”

The opening of the Statue Of Liberty in 1886 brought about New York’s first ticker tape parade. The biggest was in 1945, to mark the Allies’ victory of Japan, when 5,438 tons of paper flew in the sky.

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