Scott Thompson, C.E.Oh no!

Great, he lied on his résumé. So have a lot of other people. Fire him, don’t fire him, it really doesn’t matter. Yahoo is a dead man walking either way. The more interesting questions are what it says about:

  • Company hiring practices and the people who hired him throughout his career?
  • The people who supervised him? What criteria did they use to evaluate him?
  • The quality of his work?
  • The effectiveness of corporate governance?
  • The value of a degree? Or credentials generally?
  • The actual composition of the merit in meritocracy?
  • The popularity of meaningless tabloid style news?
  • The real question underlying this story – just how the hell much could we have gotten away with on our resumes if only we’d shown similar “leadership” qualities?

I hope he gets fired. I’m tired of getting confused wondering how a guy from The Kids In The Hall got that job.

Pseudo Random News and Comment

62% of men and 37% of women over the age of 65 are sexually active. Wait a second. Are there differences in definition or honesty? Are younger women taking up the slack? Or are some older women just able to keep a lot of balls in the air?

Problems with clearing houses. Any insurer or guarantor is only as good as its customers. When they are most needed they will be broke. A lone moron or two is survivable; a stampede is not and modern monetary policy produces a lot of stampedes.

A good glimpse inside the dirty undies of the shadow banking system. For the Full Monty on the house of cards see here.

Via Naked Capitalism a good piece on the Keystone Cop qualities of CEOs, CEOs and the candle problem. It’s not too surprising they’re not the sharpest tools in the shed as a group. Off the top of my head, studies have shown the following are correlated with being a CEO: Male, tall, more attractive than average, projects confidence (regardless of results), narcissism, being an asshole. Does that sound like Richard Feynman to you? Add in the compensation structures and all the problems of corporate governance -  inbred board rooms, agency issues, etc. and it’s an award-winning recipe for disaster.

Any piece on the business of porn is interesting. This is truly amazing. “in other words, a single porn site accounts for almost 2% of the internet’s total traffic.” Read the rest here  And you make fun of that dog humping your leg.

Great. I get corralled into helping a friend with a book and now prices will soon go from 0.99 to zero. Ebook price-fixing settlement in the works.

Mathbabe on why It sucks to be rich. Hedonic adaptation is always a bitch.

I knew this would happen. New SOPA being cooked up behind the scenes. I’d put it inside a military appropriations bill titled “Bill to assist disabled children living in foreclosed homes with no health insurance” if I were them.

Microsoft subsidizing app development for Windows phone. Maybe I should write something other than a blog.

The more species of hominids are discovered to have existed at the same time the more the uncanny valley makes sense. But genetic studies on Neanderthals and Denisovans that have been possible seem to indicate we’d have sex with them anyway.

I don’t consider this cause for celebration. Global manhunt contest pushes limits of social mobilization.

Apologies don’t prevent anger but may keep you from being attacked.

The Bo Xilai purge continues in China, now on the internet. I guess this means those in charge favor the western corporatist/fascist model. Very curious if there was any overlap with the 16 sites here and those targeted by Anonymous.