Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
I'll tell you how I'd like to see these differences get "worked out." I'd like to see Redstone take a long walk off a short pier. His ego is the biggest thing holding the company and the stock price down. If he forces Karmazin out and the stock tanks, I hope a class action suit against him brings him to his knees.

I agree with you all the way to the bank. Redstone thinks he owns everything -- including the BOD. It's high time for Redstone to retire and to transfer his job and his responsibilities to Mel Karmazin.

VIA is now selling UPN? Why is this the case? Does VIA need the cash or is UPN just no longer performing? Mind you, Mel did not bring UPN with him in the CBS deal. Anyway . . .

The way I understand it, 14 of VIA's 18 board members would have to vote Mel out. It may boil down to your comments. If the BOD makes the wrong decision by voting Mel out, they'll have likely made the decision to vote down the price of the stock, the valuation of the company, and bring on an assault against them all by all of us shareholders and stakeholders alike.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.