This post is part of our feature on Money Losers of 2008. See all 20.

For decades, Axl Rose, the lead singer for Guns N' Roses, has shown nothing but contempt for his fans, his fellow musicians, the public. and women. He would cancel concerts for no apparent reason. In 1991, he walked off the stage during a show in Germany.

Rose, born William Bruce Rose, is not a stupid man. He knew that the public still clamored for Guns N' Roses. Its songs were mainstays of rock radio. People continued to buy the group's DVDs. So, Rose went to work on the band's sixth album called Chinese Democracy.

And work. And work.

Chinese Democracy attracted almost legendary status as a project that languished for about 15 years. That's almost three lifetimes in the music industry.

Some critics liked the Rose's creation that was recently released. Rolling Stone called Chinese Democracy a "great, audacious, unhinged and uncompromising hard-rock record." Fans were not as enthused.

Continue reading Money losers of 2008: Axl Rose tinkers with Chinese Democracy

Money losers of 2008: Axl Rose tinkers with Chinese Democracy originally appeared on BloggingStocks on Fri, 26 Dec 2008 17:40:00 EST. Please see our terms for use of feeds.