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'.
By: Thomas McCarthy
March 10, 2009 - PRLog -- Phoenix-based web entrepreneur Thomas McCarthy, who operates the financial blog, 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, 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, the phrase in dispute is also publicly available on YouTube.

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Tags:International Monetary Fund, Imf, Great Recession, The Great Recession, Trademark Infringement
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