00:00 It's Benzinga and here's what's on the block.
00:02 What started as a bonfire party among friends in 1986 in San Francisco has become an annual
00:07 festival held in the Black Rock Desert of Nevada over nine days where tens of thousands
00:11 of attendees participate in art, self-expression, and nudity, culminating in the burning of
00:15 a large wooden effigy of a man.
00:17 This year's event faced extreme weather conditions from rain and mud that trapped attendees and
00:21 challenged the usual free-spirited environment.
00:23 There was also one reported death, and long-time attendees have noted the festival has become
00:27 more commercialized and expensive as it's grown in popularity, losing some of its original
00:31 do-it-yourself counterculture roots.
00:33 For all things money, visit Benzinga.com.
00:35 [BLANK_AUDIO]
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