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The Five Dumbest Things on Wall Street This Week

Stock quotes in this article: SJM , SCHW , BAC , FCX , PD , CYBX , YHOO  

1. Crunchy Time

Competitors are eating Yahoo!'s (YHOO Quote) lunch.

That's the shocking conclusion of an internal memo that surfaced this week. Senior Vice President Brad Garlinghouse complains that Yahoo! has grown fat and lazy. Lacking focus, execs are "stymied by challenging and hairy decisions," he writes.

"I've heard our strategy described as spreading peanut butter across the myriad opportunities that continue to evolve in the online world," writes Garlinghouse. "I hate peanut butter." ...

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