NC State students punk News 14's storm closings ticker. (Link via Metafilter.)

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[Patrick R. Sullivan]

http://www.detnews.com/2004/business/0403/14/a01-91166.htm

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Employers nationwide lose about $101 million in productivity for every 10 minutes their employees spend obsessing about the tournament, according to New York outplacement firm Challenger, Gray & Christmas.

“I’d guess worker productivity is down in March at most places,” said Wright, an accounting manager at a Metro Detroit manufacturing firm. “Technically, (pools) are illegal, but it’s hard to find an office without one.”

During March Madness, many people become caught up in the excitement of college basketball. Unfortunately for most businesses, a lot of the games take place during the workday.

Overall estimates vary, but studies say U.S. businesses will lose anywhere from $400 million to $1.5 billion during the 15-day event, which ends April 5.
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We're not only criminals, we're slackers! (PS: The smart money has Washington knocking out Kentucky in the second round)