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The Five Dumbest Things on Wall Street This Week

Stock quotes in this article: SLE , MAMA , LF , SFP , ALD , GOOG  

1. Salton the Wounds

Another week of earnings season has gone by.

You know what that means, of course: another story about a company allegedly stage-managing its quarterly conference call with Wall Street.

On Monday, Daniel Loeb, CEO of hedge fund Third Point, sent an open letter of complaint to Leonhard Dreimann, CEO of struggling appliance marketer Salton (SFP Quote).

Among the several accusations in Loeb's letter, one passage in particular caught our eye. ...

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