New Money

Mardi Gras Parties On Despite Recession

By Katy Marquardt

Posted: February 23, 2009

Sinking investments got you down? New Orleans has a solution: Mardi Gras!

"It's the perfect place to forget your problems and have fun!" (Those words are straight from the Big Easy.)

The price of beads has increased, krewe membership fees are up and corporate sponsorships are down, but Mardi Gras is still marching on, reports USA Today: This year, only three of the 49 parades in the area have been canceled (interestingly, the story says, Mardi Gras has only been canceled 13 times. Those included the Civil War and a yellow fever epidemic.) Bead store sales are picking up, and costume stores say it's business as usual.

If you do plan to go, the official site offers some helpful tips for party animals:

Don't Taze Me Bro!

and if I get beaten up by New Orleans cops, get tazered, and die, then what?

Elmer Fudd of AL @ Feb 23, 2009 22:01:34 PM

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New Money

Katy Marquardt, a senior editor at U.S.News & World Report, takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties. Have a question? E-mail Katy at newmoney@usnews.com

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