Reply to post: There's dumb all over

Yahoo! sale woes

gnufrontier

There's dumb all over

Fail big and go home richer. Marissa should get together with Philippe Pierre Dauman over at Viacom. They have much in common except Marissa doesn't have some demented billionaire wrapped around her finger.

It's amazing how such cretins can appear on the scene even without any royal in-breeding - products of culture rather than intercourse.

But then it has always been so. The faces have changed, the robes and crowns have gone but the sense of untouchable elevation remains: the sense of entitlement, that which is their due regardless of outcome. Who remembers Roger Smith, GM's CEO who presided over a precipitous decline in market share and wasted billions on acquisitions only to have his pension doubled upon retirement because the board said they needed to do that in order to attract talent. Where have we heard that before ? Or was the board saying if they had done it earlier they wouldn't have ended up with such a crappy CEO in the first place.

It is a fact that there is no correlation between CEO compensation and performance.

I would take any job where that would be the case. Anybody hiring CEO material who is willing to be in the trenches ? I'm your man.

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