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International Monetary Fund Being Sued $10M Over Trademark Infringement For 'Great Recession'

The International Monetary Fund is being sued by a Phoenix-based entrepreneur for $10 million for the use of the trademarked phrase 'Great Recession'.

PRLog - March 10, 2009 - Phoenix-based web entrepreneur Thomas McCarthy, who operates the financial blog http://www.CollegeStock.com, today announced the commencement of litigation against the International Monetary Fund for the unlawful use of the trademarked phrase 'Great Recession'.

McCarthy, who coined the phrase in late 2008 as evidenced by his domain name ClassTrip.org, is seeking $10,000,000 from the International Monetary Fund for the public use of his trademarked phrase 'Great Recession'. "I was clearly the first individual to coin [and trademark] the phrase 'Great Recession' and I intend to seek damages from the International Monetary Fund through the U.S. court system," added McCarthy.

In addition to a short clip highlighting 'The Great Recession'(TM) within a video hosted at ClassTrip.org, the phrase in dispute is also publicly available on YouTube.

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CollegeStock.com is the Internet’s #1 destination for stock market education. The Dean of CollegeStock.com goes beyond anything you’ll learn in school, because he focuses on real-time trends in the capital markets, with a focus on speculative investing. Whether you’re a beginner or advanced trader, you’ve come to the right place to learn.

The Dean maintains a strict focus on lecturing about real world ways to make money in the stock market, so don’t expect much lecturing on FICO scores, IRA’s, or savings tips. What you can expect, however, is to get an education about the capital markets. Our motto says it all----- “Higher Learning for a Higher Net Worth.”

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Source:Thomas McCarthy
Tags:international monetary fund, imf, great recession, the great recession, trademark infringement
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