34 Trivia Tidbits About the Idiocy of the Corporate World

Too big to fail? Pfft
34 Trivia Tidbits About the Idiocy of the Corporate World

We thought we had to be insanely smart to make a ton of money, but as we’ve learned from one of our many facts lists, people with below-average intelligence are just as likely to become financially successful. That definitely gives us hope. Like, if these rich morons can make some of the most boneheaded business decisions ever, then so can we! You’ll see.

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Jewelry CEO Gerald Ratner

CRACKED CORPORATE CRASH & BURN SAYING THE QUIET PART OUT LOUD Gerald Ratner, the CEO of a jewelry group, made a speech in 1991 that included the musing: People say, 'how can you sell this for such a low price?' I say 'because it's total crap. His careless words are now known as doing a Ratner, and cost his company a whooping £500 million.

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Smokeless Cigarettes

Turbine 3 Turbine 12 Gue THE 263 LA Mondensator PREMIER SOLI M at PREM FEET CRACKED COM RJ Reynolds spent $325 million to develop this smokeless cigarette to counter secondhand smoke. It was vaping decades before vaping ... but smokers said it tasted horrible, and was too hot to hold.

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