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Steve Ballmer: fired by Wall Street?

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Warren Stupidity Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-26-11 04:10 PM
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Steve Ballmer: fired by Wall Street?
Billionaire MSFT CEO Steve Ballmer appears to be getting publicly sacked by Wall Street from his job.


Microsoft Corp's board stood behind Chief Executive Officer Steve Ballmer on Thursday, defending its longtime leader after influential hedge fund manager David Einhorn touched off a debate by calling for his dismissal.

The fund manager, who made his name warning about Lehman Brothers Holdings Inc's financial health before the investment bank's collapse, accused Ballmer on Wednesday evening of being stuck in the past, launching the sharpest attack yet by a high-profile investor against the company's leadership.

Einhorn's comments, which echo what some investors have said for some years in private, caused a stir on Wall Street and helped Microsoft shares climb 2.4 percent on Thursday to $24.76.
http://www.reuters.com/article/2011/05/26/us-microsoft-shares-idUSTRE74P4HV20110526

Ballmer's pink slip might very well be the stock ticker n MSFT
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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-26-11 04:15 PM
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1. Hopefully. Bill Gates' college roommate has ruined Microsoft. nt
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RC Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-26-11 04:51 PM
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2. You are such an optimist.
One can hope though.
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