Appropriate word for this moment in history: schadenfreude n. pleasure derived from the misfortunes of others (or literally from the German "damage joy").

A quick search for schadenfreude reveals this page by (I would assume) an ex-Boo.com employee:

"[Boo.com] is designed for extremely wealthy people who went out and bought a computer yesterday in a coke-inspired fit of e-commerce related greed and wankerdom."