“Randy is a tremendous motivator, very charismatic, but he is very nontraditional,” said Frank Wood, a member of the Tribune board. “He has the kind of approach that motivates many people and offends others, but we think he’s done a great job.”
The company is now frozen in what seems to be an endless effort to emerge from bankruptcy. (The case entered mediation in September after negotiations failed, and a new agreement between two primary lenders was recently announced.) But even as the company foundered, the tight circle of executives, many with longtime ties to Mr. Michaels, received tens of millions of dollars in bonuses.
"...but we think he’s done a great job.”
"The company is now frozen in what seems to be an endless effort to emerge from bankruptcy. "
Ever get sick hearing how smart these people are?
"Yeah, he's done a great job... we just can't seem to get out of bankruptcy."
What is sad is that the potential for these services to be valuable to us all is lost in the politics of elitism. Their insufferable elitist positions that have no basis for success will doom them.
They will immediately turn and blame 'us' for their absolute failure.