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Fortune ranks GM's PUMA as #1 business blunder of 2009 [w/POLL]

Someone at Fortune noticed that 2009 is now officially half over, and thought it was a good time to look back and pick out the absolute dumbest business moments of the year thus far. Screeching in at 35-mph is the GM PUMA (aka, the Personal Urban Mobility and Accessibility Project) that the General debuted with Segway just before the New York Auto Show. Fortune called the vehicle "ridiculous" enough to beat out Treasury Secretary Tim Geithner's non-detailed plans to loosen up credit, Tropicana's botched bottle redesign and those $200,000 ... Read more →

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