When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Friday, May 4, 2012

Loeb Demands Yahoo Board Fire CEO

OK, this is getting interesting--and worth watching:

Third Point Letter to Board May 4 Release

Full screen: http://www.docstoc.com/docs/120048668/Third-Point-Letter-to-Board-May-4-Release
If you need more background on this--

Loeb Demands Yahoo Board Fire CEO by Monday Over False Resume - John Paczkowski - News - AllThingsD: "Now that activist shareholder Dan Loeb has discredited Yahoo CEO Scott Thompson’s educational credentials and credibility, he’s going full bore after the company’s directors and demanding Thompson’s head. In a new letter to Yahoo’s board today, Loeb and his shareholder firm Third Point called for the company to disclose details of Thompson’s vetting process and, more importantly, to reveal whether or not Yahoo directors knew of the holes in his academic background. They also demanded that Yahoo fire Thompson and director Patti Hart, about whose academic background questions have also been raised. . . ."


The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects