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25 companies and people who lost their worth in the past decade

Cheapism Logo By Andrew Lisa of Cheapism | Slide 1 of 26: America loves rags-to-riches stories, but tales of riches-to-rags can be always fascinating, too — and in the last 10 years, it seems like there were too many of the latter to count. Some were due to a series of bad investments, others to criminal activity. Some were due to terrible luck, terrible timing, or the emergence of a new service or technology that quickly rendered a dominant business obsolete. Here's a look at the most dramatic falls from riches and grace from 2009 to today.
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  33 Products You Never Thought Would be Obsolete

Fall of the Titans

America loves rags-to-riches stories, but tales of riches-to-rags can be always fascinating, too — and in the last 10 years, it seems like there were too many of the latter to count. Some were due to a series of bad investments, others to criminal activity. Some were due to terrible luck, terrible timing, or the emergence of a new service or technology that quickly rendered a dominant business obsolete.

Click ahead for a look at the most dramatic falls from riches and grace from 2009 to today.

Related: 33 Products You Never Thought Would be Obsolete

© Grant Lamos IV/Getty Images
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