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Weird Financial News

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Lest you focus only on stocks analysts expect to double, or the biggest stock bargains, here's a brief recap of some of the more unusual financial news of the past few weeks:

The picture's great, but it only gets The Food Network
Retailers such as Wal-Mart (NYSE: WMT  ) , Target (NYSE: TGT  ) , and Best Buy (NYSE: BBY  ) may want to emphasize that their bargains are found inside their stores, not in their parking lots. Outside a California Wal-Mart, a man was caught trying to sell a "brand-new 37-inch Sony flatscreen television" for $100. As it turns out, the "television" was actually an oven door.

Lend him a hand
Bank of America
(NYSE: BAC  ) must have a red face. According to The St. Petersburg Times, a Tampa branch manager wouldn't bend a rule requiring a thumbprint identification from a customer -- who had no arms. This is an excellent reminder that sometimes, rules -- and the employees who follow them -- need to be flexible.

A few billion here, a few billion there…
Have you found your trusty calculator sufficient for your needs? Well, if you want to work with America's national debt, you'll likely run into trouble. That's why a guy named Matt Miles has introduced the "Big Red" calculator, which displays 16 digits, and can therefore reflect our not-so-tiny debt of nearly $12 trillion. (At the beginning of September, the national debt stood at $11,792, 918,170,836.)

When sponsors and venues really don't mix
Anyone doing business in foreign countries should be careful about the companies or organizations with whom they partner. In Muslim countries, where alcohol is banned by the tenets of Islam, it's probably best not to conduct a concert tour sponsored by a major spirits distributor. The Black Eyed Peas discovered this firsthand in mostly Muslim Malaysia, where a big chunk of the population was forbidden to attend their show because of their sponsor, Diageo (NYSE: DEO  ) .

Good thing it wasn't a keg
Speaking of alcohol, beer purveyors such as Anheuser-Busch and Molson Coors (NYSE: TAP  ) might want to offer beer in hip flasks and other flatter containers, if only to better serve patrons' shoplifting needs. Lisa Newsome of Louisiana was allegedly caught waddling out of a store with a 20-pound, 24-can case of beer between her legs.

Now that we've amused you, check out any other article in Fooldom for a dose of the "educate" and "enrich" portions of our motto. Need a place to start? Try the market's cheapest stock.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

Enter your email address below to find out what made Jobs so enraged!

Longtime Fool contributor Selena Maranjian owns shares of Wal-Mart. The Fool owns shares of Best Buy, which is a Motley Fool Stock Advisor pick. Best Buy and Wal-Mart are Motley Fool Inside Value recommendations. Diageo is a Motley Fool Income Investor pick. Try any of our investing newsletters free for 30 days. The Motley Fool is Fools writing for Fools.


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On September 18, 2009, at 11:07 AM, madmilker wrote:

    dang! an oven door.....and a case of beer between the legs.....these people need to be workin' for Uncle Sam....jus think of all the thigs they could come up with at gettin' the foreigners of the world to buy American made......dang! jus one would be beter than the turnips in government have come up with til now....

    Retail makes nuttin' ....people!

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