[Newspoetry] Joe Futrelle Threatens Economy

[Editor-Within-Chief]

NEW YORK (Associated Poets): Joe Futrelle's editorship of 
Newspoetry.com continued to push major stock indicies to new lows. 
Since Futrelle acquired Newspoetry from founding CEO William 
Gillespie, the troubled website has been shedding revenue like a 
sheepdog in July, leaving investors naked and quivering in ditches by 
the side of the proverbial road.  And the Dow has followed suit. 
Scarcely had Futrelle taken the reins when it began a plunge that has 
led it, today, to a five-year low.

Some investors are beginning to wonder if "regime change" may be 
necessary at the website, which under Futrelle's leadership continues 
to produce only one poem a day with no profits in sight.  Advertising 
and co-branding deals have failed to materialize, as has a 
merchandising plan which was to have included T-shirts but so far has 
only resulted in stickers which some investors claim they have never 
received.  And the site has failed to take advantage of market 
analysis suggesting that it move beyond news-based poetry into more 
popular subject matter, like love or pets.

Futrelle, for his part, isn't talking.  And the scandal that 
surrounds him at every step shows no signs of abating.

-- 
Joe Futrelle
Editor-within-chief
http://www.newspoetry.com/