How does Stankey and The Current CFO still have their positions. How do you not have a handle on your operations to the point where you miss a quarterly cash flow projection by $2B?
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well, there’s golf sponsorships, corporate jet overhead, and don’t forget the payments made to smooth the way for the Warner takeover. those aren’t just a one and done.
Incompetent CFO is the only possible reason for such a miss. That our outright fraud.
Stankey has too many workers. He needs to right size the company. A communication company do not need that many workers.
T is on its last leg. No one would be widely supported in Stankey’s position given the essential reductions and cutbacks required.
Easy. The BOD is full of his golf buddies.
I’m reminded of the Seinfeld episode where Kramer is fired..Boss to Kramer: “…these reports you handed in…it’s almost as if you have no business training whatsoever….I don’t even know what these are supposed to be…”
Those two together are like D-mb and D-mber.