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  #1  
Unread September 13th, 2010, 03:01 PM
KAWLIGA KAWLIGA is offline
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CFO Resigns...

"FUCK THE WOMEN & CHILDREN...I'M OUTTA HERE!!!"

http://www.thestreet.com/story/10859...cm_ven=GOOGLEN
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KAWLIGA.......I'm not done until they're done.
  #2  
Unread September 13th, 2010, 03:18 PM
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brucedx brucedx is offline
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Quote:
Originally Posted by KAWLIGA View Post
"FUCK THE WOMEN & CHILDREN...I'M OUTTA HERE!!!"

http://www.thestreet.com/story/10859...cm_ven=GOOGLEN
The CFO looked like Dave Coulier.
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  #3  
Unread September 13th, 2010, 03:21 PM
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djblade djblade is offline
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I wonder why Thomas left? Its a good paying job =\ must be stressful and she didn't want to deal with the hours.
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  #4  
Unread September 13th, 2010, 03:37 PM
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BrowncoatNada BrowncoatNada is offline
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Can't blame them for hopping in the lifeboat and paddling when they see the iceberg ahead as the captain stays the course.

"Iceberg ahead, Captain Keyes!"
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  #5  
Unread September 13th, 2010, 03:56 PM
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The Omen The Omen is offline
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Quote:
Originally Posted by BrowncoatNada View Post
Can't blame them for hopping in the lifeboat and paddling when they see the iceberg ahead as the captain stays the course.

"Iceberg ahead, Captain Keyes!"
yeah, but they are betting the iceberg will swerve first!
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  #6  
Unread September 13th, 2010, 04:07 PM
TheShooter87 TheShooter87 is offline
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The captain gets one helluva paycheck once the iceberg hits and the ship sinks
  #7  
Unread September 13th, 2010, 04:17 PM
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BrowncoatNada BrowncoatNada is offline
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Whatever happened to going down with the ship? I say, if Blockbuster goes bankrupt, Keyes should too. Or at least all of corporate splits the debt equally.
  #8  
Unread September 13th, 2010, 04:37 PM
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See the iceberg? We hit the iceberg years ago.
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Looks good on you.
  #9  
Unread September 13th, 2010, 04:48 PM
Ghost of AtlanticVamp Ghost of AtlanticVamp is offline
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Quote:
Originally Posted by KAWLIGA View Post
"FUCK THE WOMEN & CHILDREN...I'M OUTTA HERE!!!"

http://www.thestreet.com/story/10859...cm_ven=GOOGLEN
You know something, Kaw? It takes balls to hang in long enough to stand by your word when you're proven right. Good on you.
  #10  
Unread September 13th, 2010, 04:48 PM
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Chrisedge Chrisedge is offline
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Blockbuster CFO steps down with possible bankruptcy looming; company pays him $100K

http://www.canadianbusiness.com/mark...tent=D9I7B55O0

DALLAS (AP) - Blockbuster Inc.'s chief financial officer has left the struggling home video rental chain with a possible bankruptcy filing looming.

Thomas Casey's last day as CFO was Saturday, according to documents filed with the Securities and Exchange Commission. His departure came a few days after renegotiating the terms of his severance package.

The revisions qualified Casey for a lump-sum payment of $100,000, besides money owed for his unused vacation. He will also receive $7,000 to cover moving expenses, according to the SEC filing.

Casey had been Blockbuster's CFO for three years.

Blockbuster hired Dennis McGill as its new CFO. McGill formerly was CFO of Safety-Kleen Systems Inc.

Once a home entertainment powerhouse, Blockbuster has been losing market share and money for years as more consumers rent DVDs from video subscription service Netflix Inc. and in-store kiosks that dispense discs for just a $1 per night. More recently, Blockbuster has been hurt by the growing popularity of streaming video over the Internet.

Those trends have prodded Blockbuster to close hundreds of stores, but the company remains saddled with more debt than it can afford to repay. To survive, Blockbuster has acknowledged it may seek Chapter 11 bankruptcy organization.

Blockbuster shares closed unchanged at 9 cents Monday.
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