Quote:
Originally Posted by dyna mo
that's one big massive business blunder. i feel for the guy. i wonder if it's recoverable. he'd have to fire the $70k mail room clerks and start fresh with a bunch of new employees. harsh. it seems like he's a smart enough fellow, but to not realize the backlash that his key employees would have is a big oversight.
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I look at it like this... he'll always be that guy who is noble and just and compassionate as a leader. He'll always have those magazine and newspaper articles and covers framed on his wall behind him carrying more weight than 10 Ivy League degrees in the eyes of many. He'll always be that guy that "cares" about his workers more than profits. He'll always find some board of hippy dipshits to hire him.
He borrowed against his own company to buy fame and a future with company funds and his own employees cheered him on as the company faced certain doom as a direct result.
If you think about it... thats actually a pretty neat trick... and a great investment of other peoples money to secure ones own future.