Merrill Lynch Investment
I have to say, I’m proud of our readers for this one. This was an underreported story—though it got some good coverage in February from MauiTime contributor Doug Levin—about how the county and state were left holding the bag on some bad investments, made around the time the bottom started to fall out of the global economy. The county sued to reclaim its $32 million, but the bigger question was (and remains) whether state and local governments—and the rest of us for that matter—will be able to resist getting suckered into the next financial bubble. @jacobshafer
Runner-Up: TVRs
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