Couldn't hardly get any more ridiculous or sensationalistic than this: "which was the first in a long series of managment blunders by Nokia's new CEO, Stephen E

Couldn't hardly get any more ridiculous or sensationalistic than this: "which was the first in a long series of managment blunders by Nokia's new CEO, Stephen Elop, the most incompetent and damaging CEO of any Fortune 500 sized company in corporate history" You'd have to be pretty ignorant to have never heard of Enron or Worldcom, both of which were radically more destructive (in every possible sense). If we're talking about value destruction, Long Term Capital Management completely rattled the entire US economy, causing perhaps hundreds of billions in spill over damage. Bank of America and Citi both vaporized a trillion dollars with toxic mortgages, and more than take the cake in destruction. Lehman, Countrywide, and Bear Stearns also exceed anything that has happened at Nokia. The value plunge in Lucent and Nortel after the dotcom bubble (due in part to dangerous customer leveraging), was nearly half a trillion combined, with massive sales and profit drops. Bernie Madoff didn't run a Fortune 500 size company, but the $65x billion he 'managed' might as well have qualified him. And on and on it goes. Keeping with the style of the article, I'll just go ahead and declare that since the author was extraordinarily wrong about that one thing, therefore the entire article is pure trash.