Headline from the San Francisco Chronicle:
Are some consultants funding their salary increases by tracking things — maybe by tracking *us*? Has something been revealed about a raise awarded to the consultants to "tracking funds", whatever those might be?
Apparently not. The on-line version of the article (Marisa Lagos, "State tracks commercial fundraising for charities", 12/25/2011) tells us about a report by the California attorney general on the activities of commercial fund-raising consultants who are hired to raise money for charities. This year, about 45% of the money actually went to the charities, up from 43% a year ago.
So the headline is short for "[The attorney general is] tracking [the] funds [that] consultants raise [for charities]". The telegraphic style leaves us with four words, three of which are syntactically ambiguous. They could have saved a few characters, and increased the ambiguity still further, by using "Tracking funds firms raise"
A picture of the print headline in context is here.
[Tip of the hat to John V. Burke.]