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It was open for 2 days of the fiscal quarter. The CFO quit after being yelled at by the notoriously combative CEO. The news has been running with this headline
by mmanfrin 3y ago
It was open for 2 days of the fiscal quarter. The CFO quit after being yelled at by the notoriously combative CEO. The news has been running with this headline because it's drawing clicks but it's not really painting an accurate picture.
- erulabs 3y agoIsn’t “not screaming your executive into quitting” kind of a leaders main job?
- deleted 3y ago[deleted]
- sgt 3y agoMany feel the opposite. How can you ensure people are working, unless they truly fear you? Make a mistake and you are in deep, deep trouble, buddy. Straight to the pit!
- stcredzero 3y agoHistory has shown that it's a graceful balancing of carrot and stick that works the best with intelligent biological organisms. The field of psychology generally corroborates this, I think.
- meroes 3y agoWhat were Einstein’s or Newton’s stick?
- deleted 3y ago[deleted]
- jareklupinski 3y agothe shame of letting a good mind go to waste
- plagiarist 3y agoThe CEO's job is only to secure the straps on the golden parachute before they start hammering on the engine in mid-flight. Once the parachute is on, screaming at people is actually a pretty good hammer. Sources: Yahoo, Tumblr, Twitter, and so on.
- AnimalMuppet 3y agoIf the CFO would rather leave than have to deal with the CEO, I would say that is in fact painting an accurate picture.
- 4death4 3y agoThe picture painted by the headline seems to indicate the CFO’s departure is related to the fiscal loss. That’s not accurate.
- tootie 3y agoIt's entirely possible these are related. It's not a stretch to think he was yelling because there was a $100M loss.
- nerdjon 3y agoThis was my confusion seeing the headline, there is no way the people building this did not realize that this was an "investment" and would take time to make money?!? Even once it's built you have some logistical things to figure out to start making profit day by day before taking into account the investment. The real story is apparently the asshole CEO, not the loss.
- alephnerd 3y ago> notoriously combative CEO Understatement of the year. Dolan successfully destroyed 2 major sports franchises (Knicks and Rangers) he spent millions on acquiring and managing. He is also using facial recognition to ban all employees of law firms suing MSG (his company) from going to any of their properties, and NY State is considering pulling his liquor license as a result. The only reason he's solvent is because the Madison Square Garden is basically el dorado (financially speaking) and he inherited a bunch of money from his father (the founder of HBO and Cablevision) Imagine if GOB Bluth became CEO. That's Dolan.
- distortedsignal 3y agoEh - the Rangers are doing ok this year. There's a question about if they were going in the right direction a few years ago, but they rebounded. The Knicks are a smoking crater, from what I understand, tho.
- alephnerd 3y ago> the Rangers are doing ok this year True, but isn't he much more hands-off now compared to a couple years ago?
- distortedsignal 3y agoI think you'd have to be an NHL insider to know that. Dolan's Wikipedia page blames him for the post-94 dip, which may be fair, but if that's the case, then he's seen them through two rebuilds, one of which culminated with a Stanley Cup Finals appearance (2014, if I recall). I'll never forgive him for not getting Hank a Cup, but sometimes these things can't be helped. Hockey is fickle.
- whycome 3y agoI had to look up "which rangers sports team" because the one from Texas just won the world series in baseball and Rangers FC doesn't seem to be doing too bad. Do sports teams really have a limit on available names?
- mike503 3y agoExactly. It posted millions of revenue from just two nights of U2. I've seen both shows there. It's a neat venue. Everyone agrees and would go back. The sky is the limit. This is a garbage headline.