The 101 Dumbest Business Moments
December 17th, 2007 by The Money Moose
Fortune has compiled quite an amusing list of the idiocy fun things that have happened in the business world. The top one is, of course, the various mishaps of China.
- During 2007, the Year of the Pig, Mattel is forced to recall almost 20 million items made in China because of lead paint on toy cars and tiny magnets that could be deadly if swallowed. Pet food makers recall more than 60 million cans of food laced with tainted melamine in wheat gluten from China. A huge underground distribution network for steroids, human growth hormones, and other bodybuilding drugs is traced to 37 companies in China.”
Check out the rest of the list for some truly funny stories.
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This entry was posted on Monday, December 17th, 2007 at 5:09 pm and is filed under Financial Info. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
December 20th, 2007 at 12:48 pm
Good. That’s what Mattel gets for opting for the absolute cheapest labor they could find to work on products for little children. Not a very smart move. Dirt cheap and ‘good’ quality do not mix.
December 20th, 2007 at 10:23 pm
This pretty much ruins my plans to start up a business making lead-flavour lollipops.
Unless I move to China, of course.
December 27th, 2007 at 2:03 pm
I read this article… I thought the one where Apple sent the little girl a letter telling her to ceast and desist sending ideas in was funny and sad.
January 2nd, 2008 at 3:01 pm
i love #3 about the poodle lady Leona Helmsley. man that dog (and probably its caretaker) is pretty set for life. found your blog today through BC and love it! happy new year and please do stay in touch on the web!
January 6th, 2008 at 10:50 pm
Great blog!
If the economics don’t work, recycling efforts won’t either.
Http://LivePaths.com blogs about innovative entrepreneurs that make money selling recycled or reused items, provide green services or help us reduce our dependency on non renewable resources. These includes some very cool Green online ventures and investments opportunities.
January 16th, 2008 at 9:51 pm
The Mattel incident is a great example of what happens when quality control does not exist, or is not followed and itself tested.
January 17th, 2008 at 2:28 pm
Serves Mattel right. Did they seriously expect cheap labour to produce high quality? You’d think they’d be more careful. After all, most of their clients are children.