10 worst business moves of 2012

Here are some of the biggest, most embarrassing missteps made by corporations in the past 12 months.

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VIDEO ON MSN MONEY

252Comments
Dec 24, 2012 10:33AM
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Dismissing 2 Executives is not enough.....  All Apps Bought should be Re-Imbursed Double.

 

Dec 24, 2012 10:25AM
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Funny AT&T did not make the list, 5 billion lost in the T-Mobile debacle, the CEO was penalized by the losing 2 million off his 22 million bonus.
Dec 24, 2012 10:24AM
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I don't know were you are live but the DENNY'S in Washington DC Benning Rd is the Best the food is Great service is Excellent Friendly & Manager's always walking around checking on the customer's My family & I love it !!!
Dec 24, 2012 10:22AM
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Did anyone really think Facebook would be a good investment??? It's a bunch of kids (mostly) using it who don't care what your advertising!!! What a bunch of dopes, hahaha!
Dec 24, 2012 10:15AM
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Hard to believe that Elizabeth Warren, who lied about her heritage to gain the liberal "sympathy" vote won the election. She used her supposedly Native American heritage to "look good" to voters--what a sad move on her part and very offensive to the culture she claimed. Sad that the U.S. doesn't care about morals/values when votring. . . .
Dec 24, 2012 10:13AM
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To Brian Dunn - Former CEO of Best Buy, mmm mmm mmm nothing like the smell of double chinned ball sweat and money, eh?
Dec 24, 2012 10:11AM
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They could have made room on this list for Mr. Chik-Fil-A as well, don't you think?

Dec 24, 2012 9:52AM
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Here's the biggest business blooper that fooled the public and sullied the reputation of an entire industry; an industry that is supposed to represent the truth to and for the public

 

THE MEDIA: YOUR BIAS AND AGENDA DURING OUR ELECTION THIS YEAR MANIPULATED TRUTH ANDLIED TO THE PUBLIC FOR THEIR OWN AGENDA; IRRESPECTIVE OF THE TRUTH THAT THE AMERICAN PUBLIC NEEDED TO MAKE "HONEST" "FACT-FILLED CHOICES

 

And for that the Media should be ashamed of themselves, duping the public and all that

Dec 24, 2012 9:37AM
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I haven't been in a Denny's in over ten years.  The service was that bad the last time I went there.  But I do understand the angst over the ObamaCare costs.  I wouldn't necessarily highlight it on the bill, but you know restaurants all over are jacking up their prices to cover these costs.  Can't blame them for that.  OK, you could argue with me that the federal  government is not a business and the decision was not made in 2012, but I still vote for ObamaCare as the worst business decision of 2012.
Dec 24, 2012 9:15AM
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Denny's remodeled here. They lost most of their employees. They really suck here now.  Grumpy service and cold bad food.
Dec 24, 2012 8:29AM
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It's called expenditures.  Unfortunately, we as people are expendable.  How many men and women work their way up to the top, only to train their twenty year-old, just graduated from college, no-experience having, snot nosed kid as their replacement.  Why would a corporation or any company for that matter pay someone who has a PhD, when they can pay the lesser and have the better train their replacement.  Don't knock Wal-Mart too hard,...........it may be the only place to give you a job in your later years!

 

Dec 24, 2012 8:14AM
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In the end, it doses not  matter who is in the White House. It is ALL out of control and out of the hands of the taxpayer. Talk about real "taxation without representation", well here it is again.

Romney at least has a "money making" mentality, instead of just "money taking ".

We will get tax increases to pay for government not doing their job in protecting the tax payers. The bailouts were proof of this," to big to fail....and nobody went to jail".

Dec 24, 2012 8:08AM
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Huge blunder for Radio Shack: Putting all their eggs in the cellular phone basket. Then insituting a slash-and-burn by doing away with commisions except on said phones leaving employees no incentive to sell. Holding employees to incredibly ridiculous sales quotas based on completely manufactured numbers. Threatening managers every day with termination. All this to the point that employees have to lie and cheat customers--especially the elderly and customers whose primary language is not English. Carrying poducts completely outside the scope of what RS was always known for and then blaming employees because customers don't want junk marked up 70% or more. Why should customers pay $50 for a cable they can buy online for $12 including shipping? Very sad that this once great company is no more than a cel phone hut.
Dec 24, 2012 7:51AM
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The only one worth commenting on is the selfish pig from Hostess. What a money grabbing SOB. No wonder the company was in such bad shape. He qualifies for a Congressional appointment in DC.
Dec 24, 2012 7:48AM
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Denny's food  stinks. They were the primary reason I decided that restaurant breakfasts are the most expensive and least satisfying restaurant meals. Breakfast is easy to prepare at home and you can have a huge home cooked breakfast for less than a dollar. If you must eat on the go, you can't beat McDonalds for 2 bucks instead of 12.

 

This last political season also brought out the business vermin who displayed their "screw the consumer" positions. Makes it easier for me to decide where NOT to spend my money.

Dec 24, 2012 6:16AM
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Yeah and this Ding Dong tried to blame it on the unions instead of his cr@ppy management decisions.   
Dec 24, 2012 5:58AM
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Ah, IPOs can be so exciting.. but one must produce results.
Dec 24, 2012 5:53AM
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I can'r believe the Penny's Board hasn't made a change yet. Do they have suicidal tendencies?
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