The Five Dumbest Things on Wall Street This Week

1. Just Who the Michael J. Fox Are These Guys?

Not that there isn't enough confusion and disarray over at AOL Time Warner (AOL Quote), but now we have an identity crisis.

Yes, we at the Five Dumbest Things Research Lab already were trying to keep track of whether Steve Case will resign, what the next incarnation of America Online will look like, and whether Ted Turner is divorced from Jane Fonda and/or dating her. Then came the Mike Kelly problem.

No, this is not the Mike Kelly problem most likely to pop up in the minds of embittered AOL Time Warner investors: deciding an appropriate fate for J. Michael Kelly, the company's former chief financial officer, the man whose brief tenure as CFO of the merged America Online and Time Warner was marked by confident financial projections the company failed to achieve. ...