Dumbest of This Week's 5 Dumbest: Kenneth Cole Out of Fashion on Twitter
NEW YORK (TheStreet) -- Kenneth Cole (KCP) joking about the political upheaval and violence in Egypt was considered the dumbest thing on Wall Street this week by readers of TheStreet.
As of late Friday, about 50% of the more than 200 readers that took our poll thought that Kenneth Cole using the conflict in Egypt to draw attention to its brand was a particularly bad idea.
"Millions are in an uproar in #Cairo. Rumor is they hear our new spring collection is now available online," the fashion brand posted to Twitter on Thursday morning.
Kenneth Cole's distasteful tweet possessed the brand-damaging tone deafness you'd expect when jumping on the bandwagon of trending mob violence in the Middle East in order to draw attention to overpriced shoes and apparel.
The inappropriate tweet garnered instantaneous backlash and criticism. The company quickly apologized for its faux pas: "Re Egypt Tweet: we weren't intending to make light of a serious situation. We understand the sensitivity of this historic moment. - KC" With approximately 34% of votes, the news that Microsoft's (MSFT) Bing may be stealing its search results from Google (GOOG) was voted the second-dumbest thing on Wall Street this week. Google created traps to catch Bing in the act by creating "synthetic queries." Using a mishmash like "delhipublicschool40 chdjob" as a search term, Google affixed an Ohio credit union site to the results that came back. Soon after, says Google, Bing's results for that query also turned up the same credit union.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV