11 Dumbest Moments in Business 2011
2011-12-27
CNNMoney published their “Dumbest Moments in Business” gallery . There are some great statements in the list but here are 11 of my favorites(?) for 2011:
1. Regarding the debt ceiling debacle:
“Stupid.” “Like a banana republic.”
2. MF Global:
But just where is that $1.2 billion?
“I simply do not know where the money is,” said Jon Corzine, the CEO of bankrupt MF Global, when he appeared to testify to a Congressional committee in December.
3. For the free $100 of Blackberry apps in response to terrible service:
As the New York Times pointed out, if customers opted for the $20 version of an app called DriveSafe.ly — instead of the $80 enterprise version — and then bought every other app on BlackBerry’s list, that would add up to only $76.