Updated

A quip that pokes fun at struggling banks has been named the top tall tale of 2009.

The Burlington Liars Club has bestowed its highest award for this line: "I just realized how bad the economy really is. I recently bought a new toaster oven and as a complimentary gift, I was given a bank."

The line gives Larry Legro of Sun Prairie the dubious — but serious — distinction of being this year's World Champion Liar. The 58-year-old health inspector says he's ecstatic.

A judge says Legro's lie won because it was both clever and topical.

The Liars Club began in 1929 after local journalists fabricated a story about a lying contest.

A runner-up entrant says this year's bug season is so bad that even a photograph of a dog had ticks.