Leaders of the pack
by Miki Saxon
Leadership, oh leadership. Wherefore art thou, oh leadership?What does this list have in common?
Leadership. Each person on this list has been held up as an example of leadership; lauded by the gurus of leadership for their vision, skill at articulating it and ability to attract followers.
- Alan Fishman, Washington Mutual
- Angelo Mozilo, Countrywide
- Bruce Karatz, KB Homes
- Chuck Prince Citigroup
- Douglas Ivester, Coca-Cola
- Frank Newman, Bankers Trust
- Franklin Raines Fannie Mae
- Gregory Parseghian, Freddie Mac
- Hank McKinnell, Pfizer
- James Cayne, Bear Stearns
- John Mack, Morgan Stanley
- Ken Thompson, Wachovia
- Kerry Killiger, Washington Mututal
- Lloyd Blankfein, Goldman
- Michael Ovitz, Disney
- Philip Purcell, Morgan Stanley
- Richard Fuld, Lehman
- Richard Grasso, New York Stock Exchange
- Robert Nardelli, Home Depot
- Stanley O’Neal, Merril Lynch
- Stephen Hilbert, Conseco
What else does this list have in common? Over the last 5 years every one of them has been ousted from their role.
The majority of their visions helped architect the current financial mess.
Oh yeah, and their parachutes ranged from gold to diamond-encrusted platinum. (Payouts listed here and here)
Take me to your leader.
Your comments—priceless
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Image credit: greyman CC license
November 21st, 2008 at 5:01 am
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