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Tuesday, November 6, 2007

The Count

posted by on November 6 at 10:13 AM

Fair enough, this corporate boss is not black.

AS THE number of risky mortgage borrowers being turfed out of their homes escalates, so does the rate of Wall Street chief executives trudging dejectedly out of their corner offices. On Sunday November 4th Chuck Prince resigned as boss of America’s largest bank by assets, Citigroup. Less than a week earlier Stan O’Neal had been forced out as boss of Merrill Lynch.

But check out this one.

Time Warner named its president, Jeff Bewkes, as the next CEO to replace Dick Parsons.

Parsons, who has served in the post for five years, announced that he is stepping down Jan. 1, but will remain in the chairman’s post.

Parsons is one of a handful of African-American executives in this country. He was tasked with restoring the stature of the world’s largest media conglomerate.

He helped repair the damage from Time Warner’s merger with AOL seven years ago.

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Here's another one where I don't get the point. Is the point just that #Black_CEOs= #Black_CEOs - 1?

Posted by Big Sven | November 6, 2007 10:27 AM

"Large Corporation Did Not Discriminate" = News?????


Posted by unPC | November 6, 2007 10:29 AM


Posted by Mr. Poe | November 6, 2007 10:37 AM

what was the point of this slog post again?

Posted by Bellevue Ave | November 6, 2007 10:40 AM
Posted by tsm | November 6, 2007 10:42 AM

chaz suffers confirmation bias in the extreme

Posted by Bellevue Ave | November 6, 2007 10:54 AM

Trying to dig up racism at every turn will only cause some of us to be immune to real racism. False cries of racism really become tiresome.

Posted by yawn | November 6, 2007 1:36 PM

I take two things away from this post:
1) Black CEOs retire too
2) Maybe the business beat isn't for Charles

Posted by nonfamous | November 6, 2007 4:44 PM

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