Friday, November 16, 2012

Why doesn't anyone ever blame Bad Management!?

Why does everyone in the media blame the union? Goodbye Twinkie, Ding-Dongs and other Hostess "treats" (that possibly may still be exhumed millenia from now without any wear or harm ... it's not the unhealthy products I'm sorry to see go, it's the working class jobs)...
CEO, Mr. Gregory F. Rayburn only holds a masters degree from U of Alabama. I say only because you might think he was a divinely educated businessman extraordinaire, having been in leadership, if not the very top, of so many companies! But about the "so many" companies ... although often having multiple "jobs" at any one of these companies, his resume shows no less than 2 companies between 2000 & 2002, 3 companies from 02-04 (including giving away WorldCom/MCI to Verizon), 3 companies from 04-07 … and one company each in '09, '11 & '12. Associated with the "sin" industry of gambling through Diamond Resorts Corporation as well as being the former CEO of the New York City Off Track Betting Corporation, he was also with the discredited Arthur Andersen LLC as a partner. The man can NOT hold down a job OR, apparently, make any meaningful positive difference. He appears to be a profiteer, blithely skipping from one disaster to the next. As a sort of “cherry” on his sundae, he is also a Member of the American Bankruptcy Institute. http://investing.businessweek.com/research/stocks/private/person.asp?personId=508078&privcapId=598750&previousCapId=333920&previousTitle=AMERISTAR%20CASINOS%20INC

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