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The Five Dumbest Things on Wall Street

Stock quotes in this article: SWY , RL , KR , GE , AAPL , WFMI , TWX  

Raspberries for Apple

In its first month of operation, Apple's(AAPL Quote) App Store has been a roaring hit, with $30 million in sales from the downloading of more than 6 million software programs by third-party developers.

But this impressive debut was marred by the issuing and subsequent handling of a software program from Armin Heinrich, a German software developer, that had dumb, dumb, dumb written all over it.

The first bit of dumbness: a totally useless application for the iPhone 3G that was first reported by the Los Angeles Times. ...

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