Donald Trump criticizes Carly Fiorina of Hewlett Packard
Donald Trump criticizes Carly Fiorina of Hewlett Packard
Mitt McRomney. Maybe he wasn’t CEO.
I would guess that just about every failed business has a leader who brought down the company.
Don’t know the names, but Sears, Montgomery Ward, KMart come to mind. AOL, Commodore computers, Compaq computers, Gateway computers, Douglas Aircraft, old USFL, Pup and Taco, Pioneer Chicken, Soup Plantation, ....Frank Lorenzo and old Eastern Airlines business..
Or, if we’re being honest about it, “Ten Companies whose Board of Directors allowed the CEO to ruin them”.
NBI in Boulder, CO declared bankruptcy in 1991 ... they made proprietary hardware and software combo for word processing which briefly became the standard for word processing world wide ... but when PCs came along, they soon dominated word processing, spreadsheets, etc. with much cheaper hardware and software. NBI execs refused to repackage their software for PCs, missing the chance to become the PC standard for word processing, even though everybody and his uncle’s brother urged them to do that ... ossified management killed NBI ...
Digital Equipment Corporation: Ken Olsen CEO, defunct 1998; refused to transition their proprietary stable of hardware, software and operating systems to Unix and other standards; co-inventor of Ethernet but failed to capitalize on it ... ossified management killed DEC ...
Kodak had the technology and engineers to dominate in digital cameras and digital printers, but failed to aggressively reorient the company in that direction for fear of undercutting their film sales ... filed for bankruptcy in 2012 but is still limping along ... ossified management killed Kodak ...
Last I checked Apple is still riding high
CEOs most likely all came from Accounting, instead of from the area that’s responsible for the company’s success.
Any of the CEO’s who went along with the democrats’ green energy/global warming/EV etc filth irreparbly harmed their companies and shareholders. Should all be sued and reduced to penury.
Never forget what Antonio Perez did to Eastman Kodak.
10?? Most have.
The Denny Dimwit character was created by cartoonist Martin Branner as a supporting character in his long-running comic strip Winnie Winkle. Word on the street is that Branner failed to recognize the impact the Denny Dimwit has on the American public, but thanks to Jon and his fellow stalwart posters, they have brought Dimwit back to the fore. He can currently be found on the Ghetto Thread slumming with his fellow warpigs
I forget his name, but that kid at the carpet cleaning company who went to prison for wildly over-inflating sales, financial fraud, etc.
Hundreds of S&L CEO’s put their banks out of business when banking rules changed in the 80’s.
John DeLorean.
-PJ
We are watching the destruction of Jaguar in real time (Pathamadai Balachandran Balaji)
The real near-death experience happened after Sculley. Amelio (French guy) and Spindlet (Kraut) took a shrinking position and made it much worse.
In Sculley’s defense, some of Jobs’ early demands of high quality software companies resulted in awful products (Lotus Jazz, Ashton-Tate dbase:Mac), that stifled growth outside of graphics/publishing in the business sector. The 1997 version of Jobs was more able to run apple than the 1985 version.
Sculley was at the helm for the ENTIRE Mac intro and growth during the early growth period of the Mac and Jobs was gone before the Mac SE and Mac II were released.
On the bad side, he licensed TrueType to Microsoft, wheich made Windows 95 a much stronger product than it might have been. The QuickDraw GX debacle came under his watch as well, and the disappointing Newton PDA. Sculley was there for the original lead-acid non-backlit Apple laptop, but also for the recovery MacBooks later.
It was Spindler who licensed the OS to 3rd parties (though he also helped with a fairly smooth transition to PowerPC). Splindler was also the genius who came up with the idea of badge marketing models on the desktops that had maybe 3% market share at the time (e.g. Centrex).
Amelio mainly managed the Decline and bought NeXT.
Sculley’s reign was mixed, but Spindler’s was catastrophic.
Stockton Rush
BUY BEAR STEARNS!
If I get to do it all over again I am going in to politics as a fake liberal and starting a “green” company. I worked my arse off 60 hours a week (on an easy week) only to have had the government shut me down several times. Next time, I’m going the Solyndra route of collecting welfare. Work is for chumps.
Shouldn’t Sam Bankman-Fried be on this list?
Trivial to non-existent fraud at Enron!
The complete destruction of Enron and the Arthur Andersen Accounting firm was 100% anti-GOP political malice.
Briefly...
Energy trading was the profit center at Enron.
There was ZERO fraud in the Enron Energy Market!
When the USA Department of Justice claimed accounting fraud at Enron, their Energy Market froze solid in a couple of hours.
Energy traders need to have 100% confidence that their products can be instantly priced, bought, and sold.
Billions of dollars of energy contracts were evaporated by the DOJ deliberate political malice.
Arthur Andersen Accounting, one of the largest firms in the world, was slowly bled to death by the DOJ.
The Supreme Court eventually voted unanimously that the DOJ failed to explain the law they said that Arthur Andersen broke, and the AA verdict was reversed.
By then, AA was bankrupt.
The people who designed, prosecuted, and adjudicated the criminal charges, should have been sent to prison for life.