A CEO Doing What’s In The Best Interest of Shareholders

Posted: February 27, 2007 in Uncategorized
Love or hate Jim Cramer, he’s not shy about the what he feels.
 
Last night, Cramer announced on CNBC:  "If Terry Semel (CEO of Yahoo) quit right now, YHOO would pop $5."  (About $7 billion in shareholder value at last night’s prices.)
 
Love or hate Terry Semel, that’s a pretty damning statement.
 
Certainly redefines the meaning of a CEO doing what’s in the best interest of shareholders.
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