My friend Anthony and I are taking a stand. We were miffed when Motorola didn’t even consider our offer of $1 for Motorola’s handset division (seriously, why give it to Qualcomm’s ex-COO?). We were annoyed when our offer of $2 for Lehman Brothers was ignored (and now look where they are).
So, we’re going to draw a line in the sand right here. Right now.
Anthony and I will offer $100 (that’s 50 times what we were going to offer for Lehman – and they probably weren’t even worth that) to run the next failing bank or company division.
Do we have much management experience? No. Hardcore MBA with financial experience or brilliant technical expertise? Not really.
But, come on. Experts ran Fannie/Freddie, Lehman Brothers, Bear Stearns, AIG, Merrill Lynch, Washington Mutual, Motorola’s handset division, Pfizer’s heart medication group, … the list goes on and on. And look where they all are now!
It’s time for some new blood.