[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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