Something unfortunate, ridiculous, in poor taste, or anything that makes you want to say, "Oh my. That's too bad." Appropriately used the day after a drunken escapade, when anyone wears a fanny pack, or when a man thinks it's OK to wear a tank top. It's not.
That woman in the turquoise belted unitard is too bad.
You slept with Erich's mom? Too bad. Better go to the clinic again.