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John Rogers was once one of the high flying entrepreneurs in the photo world. After coming up with the brilliant idea of scanning old photos for newspapers and splitting the rights to the digital images, Rogers was on his way to amassing one of the largest photo libraries in the world and was earning a whopping $120,000 per week selling his images on eBay.

Now his empire has come crashing down. Rogers is reportedly being sued for more than $90 million and has lost his business entirely.

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Peterk
Dallas, Tx
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"The problems of our economy have occurred not as an outgrowth of laissez-faire, unbridled competition. 
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Senator Ted Kennedy, in defending trucking deregulation in 1978.
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