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March 7, 2005
Stonecipher Resigns!
Boeing (NYSE: BA) CEO Harry Stonecipher was apparently having more than dreams. Not to put too fine a point on it, apparently Harry was having wet dreams as in making sexual advances to staff.
The question now is, how many millions did the Boeing shareholders pay in compensation to Harry for the 14 months he had returned from retirement. Is the number north of $100 million?
Whatever it is, apparently it wasn't enough to satisfy Harry who is now, for sure, a candidate for my 2005 Dubious Feat Award.
I know that some of my readers may have been questioning why I was trashing this man on a regular basis since last summer. Let's just say I have a crystal ball.
Posted by Posted by Bill Cara on March 7, 2005 07:19:13 AM | Category: Cara Dubious Feat Awards , Cara Today in the Market
Bill, when I saw the headline, for some reason I thought of you. ;)
Now we find out whether there are any other shenanigans going on besides just this incident.
Posted by: pgriffis![[TypeKey Profile Page]](http://www.billcara.com/nav-commenters.gif)
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March 7, 2005 9:00 PM [link]