Major numbers fudging going down... should be a good fakie for earnings call.
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It’s worse than a dog with fleas. It’s a dog with mange.
At this point I can’t think of any operator in the country who would touch Altice. Who the he!! would want the misery that would come with trying to polish that tu-d?
@OP Sorta. PD owns 77% of shares so you pretty much just need him, voting is pretty token when someone owns over 50%. DM is not just CEO, he is chairman also, the board is just PDs family and friends, they would not be a problem is PD and DM were aligned.
It doesn’t work that way. The CEO of a public company cannot sell the company. For a public company in the U.S. to be sold, the board of directors and the shareholders must approve the sale. Federal and state laws regulate this process, along with the company's own founding documents and stock exchange rules.
I figured you might get a laugh on this post
@158 you guys have been claiming the end is coming since 2014 lol if it was that bad then you’d leave, and if it is that bad and you haven’t left, then you deserve it. There’s plenty of options outside of this company that pay comparable or better.
Don’t worry 2026 is the end
In waaaaay over his head. The entire executive team are in waaaay over their heads. I don’t know how any of them have managed to maintain a career.
The CEO....a Comcast middle manager that was and is way in over his head. Destroyed what little was left. Its over folks....
Did the article say that they hired 100+ VPs to get things in order or did I misread.
The fact is when he became CEO the stock price was $7.45, it is now $2.36. He continues to give himself and his buddies giant raises, flying the private jet around, taking the helicopter from the LIC to Bethpage, just living the good life with his besties... while not paying out bonuses and raises and striping the company to the bones.
He will eventually sell, making him and his friends a ton of money and claiming victory even after leaving a wake of misery and dispare behind him. Publications like this will still call him a genius and he will go on to run some small cap fiber company.
Sounds like the good press MCI Worldcom had before they hit the iceberg
“Many were working in silos and processes were broken.” That’s funny, no one was working in a silo and nothing was broken until these clowns showed up and stared d!cking around with everything! Arrogance and stupidity are dangerous traits to have, but when you are BOTH!….These people are a laughing stock and beyond pathetic.
What a load of sh-t. Light reading is just propaganda for the industry.
I needed a good laugh.