September 3, 2004
(This post is from my old, old, super old site. My views have changed over the years, hopefully my writing has improved, and there is now more than a handful of folks reading my site. Enjoy.)
Friday, September 3rd, 2004
"Let us imagine you had a corporation with annual gross revenues of about $2 trillion. And let's say that in 2000, it had profits of $150 billion. So you bring in a new CEO, and within four years, the profit falls to zero and then the company goes into the red to the tune of over $400 billion per year. You're on the Board of Directors and the CEO's term is up for renewal. Do you vote to keep him in? "
Found via online.effbot.org.
-- posted 2:58 pm