Vince Martin's  Instablog

Vince Martin
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I am a stand-up comedian, writer, and long-time investing aficionado. I even had to chance to open for CNBC's Jim Cramer on his college tour. I had a front-row seat to the 1999-2000 dot-com bubble at a small brokerage in NYC, and I now live in Oklahoma, still deathly afraid of Internet stocks,... More
  • Tell Carol Bartz to Can It 0 comments
    Sep 9, 2011 12:12 AM | about stocks: YHOO

    Amidst the public gnashing of teeth about the firing of Yahoo! CEO Carol Bartz -- over her cell phone, the horror! -- some common sense is needed. Bartz made some $60 million in 2009 and 2010, and is receiving another $10 million for getting canned.

    For $70 million, the board of Yahoo! could have hired a plane with a banner that read "You're fired, b----!" and flown it over her daughter's wedding, and I wouldn't care. She can give as many profanity-laced interviews to Fortune as she likes. She didn't get the job done. 

    I'd ask Bartz: how many of the Yahoo! employees that you laid off got offered to chance to "resign" so they could "spend more time with their family"? You fired people, now you got fired. Life's tough. Meanwhile, if Bartz truly thinks she earned $70 million, she's crazy. Though, to her credit, she has proven that even 70 million dollars can't buy an ounce of class.

    Stocks: YHOO
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