101 dumbest business ideas..

http://money.cnn.com/galleries/2007/fortune/0712/gallery.101_dumbest.fortune//index.html

Nice. Merril Lynch is #4 and #5.

EDIT: :lol: OMFG

  1. Electronic voting machines
    Election officials in Florida promptly order 5,000 units
    Diebold tightens security after it is revealed that a simple virus can hack its electronic voting machines. Months later a hacker uses a picture of a key from the company website to make a real key that can open the company’s machines.

They put a picture of the actual key online, so somebody made one. :bloated:

  1. Best Buy
    Let the Best Buyer beware
    The state of Connecticut sues Best Buy for setting up in-store kiosks set to a website that looks identical to bestbuy.com but lists higher prices than those they would actually find online.

That almost fucked me over once. I went home and ordered it online for in store pickup. :hang:

  1. Judge Roy Pearson
    … thus making our satisfaction complete
    District of Columbia judge Roy Pearson loses a $54 million lawsuit against the owners of a dry-cleaning establishment that he claims misplaced a pair of his pants. Pearson argued that the cleaner committed fraud by failing to live up to the SATISFACTION GUARANTEED sign displayed in the shop.

Four months later a judicial review committee votes against reappointing him to his post, finding that he failed to demonstrate “appropriate judgment and judicial temperament.”

The fuck?:

  1. Johnson & Johnson
    And if those guys in Rome don’t stop using our logo, we’ll nail them too
    Johnson & Johnson sues the American Red Cross for infringement of its trademarked red cross.

:lol:

  1. John Griffin
    Can’t say he didn’t warn you
    John Griffin, CEO of a Livermore, Calif., startup, pockets about $750,000 of seed capital after lying to investors lured by the company’s promise to develop a “dirt eater” to clean toxic soil. After reportedly spending the money on such necessities as a Ferrari, Super Bowl tickets, and steroids, Griffin is sentenced to 30 months in prison. The name of the startup: VaporTech.

I like the one where they ripped off the dept. of defense $20 million by overcharging on shipping. It cost $960,000 to ship 2 metal washers. HAHA