Thursday, February 15, 2007

Chinese Ant Breeding Scheme Goes Awry

When I first saw this article I was taken aback. Ant breeding? To the tune of $385 million? You wacky, wacky Chinese. Welcome to the world of capitalism, my Occidental brethren. Next thing you know snipe hunting trips will be all the rage. Still, though, sentencing a guy to death for a scheme? They don't eff around in China. Life is cheap there, though what with over a billion people. Click below for the details.

China Sentences Man to Death in Ant Case

BEIJING (AP) -- A Chinese business executive was sentenced to death for swindling $385 million from investors in a bogus ant-breeding scheme, a court official said Thursday.