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<p>[QUOTE="Anonymous, post: 2254541"]<b>2008 let it be dumb</b></p><p><br /></p><p><br /></p><p><br /></p><p>There's plenty of spots for us for 2008.</p><p>Let's make 2008 even dumber DJ MS & GANG</p><p><br /></p><p>Ten dumbest CEO moves of 2007</p><p><br /></p><p>Posted Dec 26th 2007 11:30AM by Tracy Coenen</p><p>Filed under: Management, Apple Inc (AAPL), Employees, Scandals, Whole Foods Market (WFMI), BP p.l.c. ADS (BP), JetBlue Airways (JBLU), Bear Stearns Cos (BSC), Blackstone Group L.P (BX)</p><p><br /></p><p>Portfolio.com featured its picks for the ten dumbest moves by CEOs in 2007. The list shows a nice range and depth of stupidity on the part of CEOs -- and it hasn't gone unnoticed that there are no women on this list of dummies. Here are their picks and my two cents:</p><p><br /></p><p> * John Mackey, Whole Foods Market (NASDAQ: WFMI) -- He displayed his brilliance by posting on message boards under the screen name Rahodeb, hyping Whole Foods while not letting people know exactly who it was that was hyping the company. (Seems reminiscent of Patrick Byrne of Overstock.com (NASDAQ: OSTK).) The company ended up banning executives from participating on any message boards.</p><p> * Paul Wolfowitz, World Bank -- Getting his girlfriend at the bank a transfer and a raise. Need we say more?</p><p> * Steve Jobs, Apple (NASDAQ: AAPL) -- Ticking off early adopters by slashing $200 off the original price of the $600 iPhone shortly after its debut. Nothing like causing your loyal customers to think twice before they run right out to be the first to buy Apple's next new gadget.</p><p> * Chris Albrecht, HBO -- An alleged assault of his girlfriend in Las Vegas ended in his arrest. And then came the news that he did something similar in the early 1990s. Not the kind of headlines you want from your CEO.</p><p><br /></p><p> * Greg Reyes, Brocade (NASDAQ: BRCD) -- Stock option backdating costs the company a $7 million fine. He was found guilty of 10 fraud-related counts. (But Reyes certainly isn't the only executive in America involved in option backdating.)</p><p> * Klaus Kleinfeld, Siemens AG (NYSE: SI) -- Corruption thrived at Siemens with Kleinfeld at the helm.</p><p> * John Browne, BP (NYSE: BP) -- A messy love affair with a man who was given confidential corporate information led to Browne's demise. He lied about the affair and misused company funds to top things off. Ouch.</p><p> * James Cayne, Bear Steams (NYSE: BSC) -- Frolicking on the golf course while major financial issues were exploding at the office. (Hint: Work first, then play.)</p><p> * Stephen Schwarzman, Blackstone (NYSE: BX) -- A $3 million birthday party for himself got him on this list . . . although who really cares? Let the guy waste his money on a party if he wants to.</p><p> * David Neeleman, JetBlue Airways Corp. (NASDAQ: JBLU) -- Some say he stayed too long at the head of JetBlue, a company struggling to make a comeback.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 2254541"][b]2008 let it be dumb[/b] There's plenty of spots for us for 2008. Let's make 2008 even dumber DJ MS & GANG Ten dumbest CEO moves of 2007 Posted Dec 26th 2007 11:30AM by Tracy Coenen Filed under: Management, Apple Inc (AAPL), Employees, Scandals, Whole Foods Market (WFMI), BP p.l.c. ADS (BP), JetBlue Airways (JBLU), Bear Stearns Cos (BSC), Blackstone Group L.P (BX) Portfolio.com featured its picks for the ten dumbest moves by CEOs in 2007. The list shows a nice range and depth of stupidity on the part of CEOs -- and it hasn't gone unnoticed that there are no women on this list of dummies. Here are their picks and my two cents: * John Mackey, Whole Foods Market (NASDAQ: WFMI) -- He displayed his brilliance by posting on message boards under the screen name Rahodeb, hyping Whole Foods while not letting people know exactly who it was that was hyping the company. (Seems reminiscent of Patrick Byrne of Overstock.com (NASDAQ: OSTK).) The company ended up banning executives from participating on any message boards. * Paul Wolfowitz, World Bank -- Getting his girlfriend at the bank a transfer and a raise. Need we say more? * Steve Jobs, Apple (NASDAQ: AAPL) -- Ticking off early adopters by slashing $200 off the original price of the $600 iPhone shortly after its debut. Nothing like causing your loyal customers to think twice before they run right out to be the first to buy Apple's next new gadget. * Chris Albrecht, HBO -- An alleged assault of his girlfriend in Las Vegas ended in his arrest. And then came the news that he did something similar in the early 1990s. Not the kind of headlines you want from your CEO. * Greg Reyes, Brocade (NASDAQ: BRCD) -- Stock option backdating costs the company a $7 million fine. He was found guilty of 10 fraud-related counts. (But Reyes certainly isn't the only executive in America involved in option backdating.) * Klaus Kleinfeld, Siemens AG (NYSE: SI) -- Corruption thrived at Siemens with Kleinfeld at the helm. * John Browne, BP (NYSE: BP) -- A messy love affair with a man who was given confidential corporate information led to Browne's demise. He lied about the affair and misused company funds to top things off. Ouch. * James Cayne, Bear Steams (NYSE: BSC) -- Frolicking on the golf course while major financial issues were exploding at the office. (Hint: Work first, then play.) * Stephen Schwarzman, Blackstone (NYSE: BX) -- A $3 million birthday party for himself got him on this list . . . although who really cares? Let the guy waste his money on a party if he wants to. * David Neeleman, JetBlue Airways Corp. (NASDAQ: JBLU) -- Some say he stayed too long at the head of JetBlue, a company struggling to make a comeback.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
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Therapeutic Specialties
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Pediatric Specialty
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Therapeutic Specialties
>
Pediatric Specialty
>
New Wave Pharma
>