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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (464691)	3/18/2009 2:33:44 PM
From: Tenchusatsu	Read Replies (3) of 1573439

RW, > But, thinking Intel, could you just fire the entire management team and replace them overnight? If Intel failed as poorly as AIG, then yes, I would advocate doing just that. > That's not problem solving... that's making things much, much worse. There's an element of pragmatism and dilemma when it comes to bailing out AIG vs. letting them fail. But I don't think it's too much to ask to fire the entire management team. Replace them with insiders if we really need the inside experience to keep AIG going. Just trusting the existing bozos with "business as usual" isn't acceptable to me anymore. I remember having a similar argument with Inode over whether the CEOs of the Big Three deserved their lavish pay and corporate jets. I told him that they should be all fired and replaced with grads fresh out of Harvard business school for 1/10 the pay. Inode of course didn't get that it was a hyperbole on my part, but I'm just sick of the "too big to fail" mentality. Tenchusatsu

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