October 30, 2008

WalletPop: Freecycle growing at double the rate since financial crisis began

Filed under: US Northeast, News Articles, Recycling Info, The Web — Fiona @ 9:27 pm

While I’m sure ex-Lehman bankers (some of which are my former bosses) aren’t scrounging through trash cans for perfectly good hot dogs, like the poster boy for Freecycling in this BusinessWeek article, I love the factoid near the end of the piece: “since Wall Street imploded [Freecycle] has been registering 50,000 more each week, up from 25,000 previously.” I have to wonder: are investment bankers now using Freecycle to get rid of their stuff or is it just that people whose credit cards are limited are looking elsewhere for their material goods?

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