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happythoughts

CNNs dumbest moments in business

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CNN 10 dumbest moments in business

Winner, Dumbest Moment, Outsourcing
(Told you we shouldn't have rented that list from the Department of Homeland Security.)

Blaming a mailing-list vendor for providing bad information, JPMorgan Chase apologizes for sending a form letter about its credit card services to an Arab American man in California addressed to "Palestinian Bomber."

Doh!

Winner, Dumbest Moment, Accounting

In June, H&R Block announces a review of its recent financial statements, estimating it will find discrepancies in its favor of about $19 million. Two months later it reveals that the review found $77 million in errors -- in the other direction. The company explains that it had "insufficient resources" to identify and report complex transactions in its corporate tax accounting.

...and you guys want to do MY taxes ? I'll bring them right over... NOT! :S

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