Tag Archives: Fortune

Equity Derivatives House of the Year award for 2008…

blog.pmarca.com: Great moments in journalism, Risk Magazine edition

“Risk Magazine — the finance industry magazine focused on risk management — presented, this very month, its Equity Derivatives House of the Year award for 2008 to… ta daa… Societe Generale.”

You can’t make things like this up.

I suppose that this the related to the curse of the Fortune cover. You know the one, boss appears on the cover of Fortune and a week later sales plummet.

Why?

Fortune, has a list out of the 101 Dumbest Moments in Business. At number eight is the story about a video of Rats in Fast Food joints…

101 Dumbest Moments in Business – KFC/Taco Bell (8)

Why is the video a dumb moment in business?

The moment that they stopped the quality control of franchises; dumb! The moment that the guy stopped cleaning his resturant; dumb. But why is the video a dumb moment in business? Because they got caught?