Posted on 11/06/2025 6:59:12 AM PST by dennisw
240,241 views
Oct 18, 2025
#WeWork #Scandal #CEO
From fraudulent blood testing to diesel emissions cheating, these business leaders drove their empires straight into the ground! Join us as we examine the executives whose poor decisions, ethical lapses, and outright fraud transformed thriving companies into cautionary tales. Which corporate collapse shocked you the most?
Our countdown includes Elizabeth Holmes' non-existent blood testing technology at Theranos, Adam Neumann's lavish spending at WeWork, Jeffrey Skilling and Kenneth Lay's accounting fraud at Enron, Martin Winterkorn's emissions scandal at Volkswagen, and John Sculley's disastrous tenure after ousting Steve Jobs from Apple.
Did we miss any other corporate captains who sank their own ships? Let us know in the comments below!
(Excerpt) Read more at youtube.com ...
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Donald Trump criticizes Carly Fiorina of Hewlett Packard
Carly Fiorina took down Hewlett Packard, one of the world’s best companies for products and work-place environment.
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..
> Compaq computers
That’s Carly Fiorina again.
Did not know. Thanks....
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.
Carly is a poster child DEI hire.
There is only "THIS business". "THIS company". "THIS corporation."
Executives who fail to understand what THIS Business does, what makes it unique, how it works, will inevitably destroy THIS Business.
MBA programs appear to produce a plague of educated idiots.
I think it was floor 3 of building 11 in DEC's Maynard, MA facility (the "Mill") where all of the VPs who had nothing to do were put into storage. They all thought better days were coming.
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.
23andMe should be a case study… founder with background in ~core of business, essentially controlled board with voting shares, SV darling to $6B cap, slow, steady demise to bankruptcy in 4 yrs.
Sue those worthless grifters too.
Apple is an example of a patient making a miraculous recovery after a near-death experience.
Never forget what Antonio Perez did to Eastman Kodak.
In the day, people loved to rave about how Carly was shattering glass ceilings. They didn’t notice all the little people whose lives and careers were maimed or killed by the falling debris.
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