[Husker] Accountability

jonlists at cbsol.com jonlists at cbsol.com
Mon Nov 5 20:34:14 CST 2007


Heads rolled because the market and the public demand it. Steve Pederson 
was our bogeyman, and he's gone now.

I'm guessing everyone got a buy out, right?  How much are you willing to 
give Harvey Perlman to have him go away? 

Jon Johnston
http://www.cornnation.com

husker-bounces at tssi.com wrote on 11/05/2007 07:07:57 PM:

> Notice what has happened at Merryl-Lynch (last week) and Citigroup 
(today).
> Both CEO's were terminated.  I'm sure they weren't the guys directly 
running
> the fixed income departments.  But they were the one who should have 
seen
> the big picture.  Buying a lot of no down payment, teaser rate, 
sub-prime
> paper was a huge risk.
> 
> 
> 
> Their successors will get the message that they are accountable if 
anything
> like this happens again.  That is why heads rolled.
> 
> 
> 
> P.S. - To those that think firing Frank was the right thing.  Stoop's 
got
> "smoked" by K St that year too.  The facts are that Frank was the 5th
> winningest coach in the nation.  Two time BigXII Coach of the year. Took 
us
> to the NC game.  Had the best team in the nation in 1999 and won the Big 
XII
> CG.  Beat OU, Notre Dame, Tennessee, etc.  Had a brilliant new staff. We
> are looking at two of his assistants as possible Husker head coaches.
> Represented consistency and retention of proven learnings and had 
basically
> given the best years of his life to NU.  He was in it for the long haul. 
 At
> 10-3 his new staff deserved more than 9 months on the job.  Detractors 
seem
> an awful lot like the hyper-impatient internet age fans that destroy
> programs.
> 
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