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To: 2MAR$ who wrote (79490)9/12/2011 12:17:08 AM
From: Maurice Winn1 Recommendation  Respond to of 217587
 
The Board of Directors is not the company*. They appoint the people who run the company. The board is just a bunch of representatives of the shareholders. She was complimentary about the new company, which is being run by Tim: <Bartz did offer praise for Tim Morse, her successor as Yahoo's CEO.

"He's a great guy," she said.

Read more: nydailynews.com
>

The actual "non-disparagement clause" would need to be inspected to see if calling the board a bunch of doofus losers is contrary to the agreement. She wrote how good it was working with the crew and seems to have been upbeat about the company, saying how prospects are good, as per plan and agreed, just not immediately profitable.

But she's the reason I wouldn't buy Yahoo! shares and she confirmed my judgment. In my years at BP Oil [and Texaco Canada] I never heard management people talking like that other than a female personnel manager and a female customer executive [28 years ago]. I assumed at the time that the women thought men must talk trash and aggro so they were trying to be like the blokes [mistakenly]. It was uncool to be expletively out of control and other than reasoned and reasonable.

Mqurice

* Disclaimer.... I'm making that up. Legally, for all I know, the board is the company. Directors are certainly plenty liable in some jurisdictions if things go wrong. But maybe it's a fair point that the directors are not the company. Maybe a lawyer knows. Maybe Yahoo! is worth buying now.