Thursday, January 27, 2005
ahha
08:53 PM

Business 2.0's 101 dumbest moments in business: "Mark Frauenfelder:
This year's Business 2.0's annual '101 dumbest moments in business' package has plenty of ironic gems in it.

What's the problem? We love a guy who stands behind his product.
James Joseph Minder, chairman of gunmaker Smith & Wesson, is forced to resign when newspaper reporters discover that, before becoming a corporate exec, he'd spent 15 years behind bars for a string of armed robberies and an attempted prison escape.

Do as I say, not as I...hey, get a load of those!
After joining the Bank of Ireland as CEO, Michael Soden issues a dictate: No porn surfing on the job. His next dictate: The IT department is to be outsourced to Hewlett-Packard. Shortly after the outsourcing deal goes through, IT staffers, now employed by HP, discover porn on Soden's computer. Soden resigns, leaving the bank and HP scrapping over who should pay his severance, estimated at $5 million.

Link
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(Via Boing Boing.)