This ad by Wieden+Kennedy for the new Nike Hyperdunks seems unobjectionable to me, but Nike has abandoned the billboard campaign due to assertions that it was insensitive to gay men and African-Americans. Via.
Meanwhile, here's Wieden+Kennedy's new commercial for Coca-Cola (and the Olympics) featuring Lebron James and Yao Ming. Looks cool to me, but with a little imagination, I'm sure someone can work up some mock outrage. I mean, just look at all these stereotypes:
*Find Nike posters at eBay.