10 Dumbest Business Moves of 2011

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HP and the no-good, terrible, truly awful year

Where to start? They shuffled CEOs as fast as they could but not fast enough to stop Leo Apotheker from costing the company $12 billion in market cap. The company also killed off it's WebOS-based hardware at a cost of $3.3 billion. Apotheker put HP's $41 billion PC business in play. His replacement, former eBay CEO Meg Whitman, canned that idea before the ink was dry on her contract.