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NEW YORK (

TheStreet

) --

President Obama's $50 billion plan to jump-start the economy by paving roads

was considered the dumbest thing on Wall Street this week by readers of

TheStreet.

As of late Friday, almost 42% of the more than 380 readers that took

our poll

deemed Obama's massive infrastructure spend to be a particularly bad idea.

The stimulus plan was widely regarded as a ploy to get positive press during a midterm election fight. Others think it is a waste of money and resources that fails to establish a plan to overhaul the American transportation infrastructure for a greener future.

The plan intends to fund itself by cutting off oil and gas industry tax breaks, but a true energy plan appears to have fallen off the Obama "To Do" list. Energy legislation introduced earlier this year was put in place with hopes to eventually create a nationwide network of natural gas vehicles and fueling stations, but it failed miserably.

With approximately 25% of votes, the second-dumbest thing on Wall Street this week came via

BP

(BP) - Get BP Plc Report

and its 200-page report on the causes of the Deepwater Horizon oil rig explosion and resulting environmental catastrophe. Not surprisingly, after it's own four-month investigation, BP's investigators found that the whole thing wasn't entirely their fault. "Multiple companies, and work teams contributed to the accident," the report concluded.

BP won't take full responsibility for the Deepwater Horizon rig disaster that caused one of the worst environmental disasters in U.S. history and cost $20 billion. A new analysis released by Fitch Ratings on Wednesday estimated that it may face total pending liabilities of between $35 billion and $67.5 billion.

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The news that former

American International Group

(AIG) - Get American International Group, Inc. Report

CEO Martin Sullivan is back in the game

outraged 19% of voters.

Apparently the man who oversaw the loss of $94 billion in shareholder value at the insurance giant is back in business. On Wednesday the $5.2 billion insurance brokerage

Willis Group Holdings

(WSH)

announced that Sullivan will be named a deputy chairman of the broader firm and the head of its global division.

Around 11% of voters said they think that

Mark Hurd's love-hate relationship with his previous employer

Hewlett-Packard

(HPQ) - Get HP Inc. Report

was the next dumbest thing this week. After the company he worked at for five years

abruptly ushered him out the door

it then decided to

sue him to block him from his new job

.

On Tuesday, when rival

Oracle

(ORCL) - Get Oracle Corporation Report

announced that Hurd would be joining the company, its shares jumped 6%, boosting Oracle's value by $6.74 billion. HP then filed a lawsuit to block Hurd's move to his new $11 million job.

Oracle's Larry Ellison

threatened HP, telling it that it's risking losing a valuable business partner if the company sticks with its lawsuit.

Close to 3% of voters found it dumb that

Disney's

(DIS) - Get Walt Disney Company Report

ABC News President David Westin is leaving after 14 years.

Westin's abandoning of the ship came not long after the announcement that ABC News would fire up to 400 employees. According to a report by

The New York Times

, Disney had been pressing Westin to increase the division's profitability, something he had been achieving, during arguably the worst advertising downturn of all time.

-- Written by Theresa McCabe in Boston.

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Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.