A Quick Lesson In Greed

The former CIO of a large Cellular communications carrier was hired by that carrier to lean it out. That is, cut jobs, costs, expenditures, etc. Why? Because it was top-heavy and hemmorhaging cash to pay for the Officer's flights and a boatload... literally... of contractors and off-shore work. Thus, the boat.

Ex-CIO comes in and does what he's known for: Squashing growth. His contractor buddy mismanages a major project costing the company upwards of $250,000,000, all while the contracting company walks with their full payment.
Losing $250-million cripples the Carrier, while the officers begin saying "work harder, and it will all work out in the end."

The Carrier never gets better, and becomes bait for larger, healthier, more bureaucratic Carriers in the world. Finally, someone bites, and the wounded Carrier's mismanagement of projects for 3 years (only 3 since it split from it's parent company) keep it flopping on the deck of a new owner. The Officers of the company, the same officers who caused the problems nobody could fix, all walk with upwards of $9,000,000 in severance packages, while the CEO walks with over $20,000,000.
Do the wrong thing, cut jobs, become a millionaire.

Some people got $140 out of the deal. And a new boss. And a new badge. And a new set of rules and regulations to learn. And they still have their jobs. Damn it.
So Corrado, Zieglis, and the incestuous Turkish Bath of managerial cronies can gargle my groceries. Hell was created for people like you, and deserve to be locked in a spinning HoneyBucket filled brim-side by Motorhead roadies.

If you don't have EBay stock, buy it now. Corrado is the new CTO at that company, which is losing money and pissing off customers. The stock will drop, someone will try to buy it, the stock will go up, you'll make upwards of $140!
=-=-=-=-=-=-=-=
Take Me Home

My Blog About My Dad