10 Dumbest Business Moves of 2011
EU fiddles while Rome, Athens and more burns
The European Union's attempt to stave off economic disaster has resulted in exactly one thing: The world's longest-running committee meeting. There have been 20 or so "critical" Euro summits in the past 18 months about this. The only thing they have produced is the need for another critical summit. With Greece, Portugal and Ireland effectively bankrupt and Italy and Spain teetering on the brink, EU "leaders" can't even agree on where to get lunch.