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Yahoo CEO might have lied about having CS degree

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Re: Yahoo CEO might have lied about having CS degree

#101
post #46

Earlier quoted context omitted.

> If he's lying about this, how are shareholders supposed to trust the rest of the SEC filings he signs off on as CEO? I'm not sure how I feel about statements like this. On the one hand, yes, you probably do not want such a brazen liar leading your company. But on the other hand, we as a society tend to believe in a dangerously inaccurate theory of character. Namely, that people are either inherently moral or they a…

I think you're reading more into this than I meant. I don't think this necessarily means he lies perpetually in life, etc, or has poor moral character. But it's hard to ague that it doesn't raise the issue of "you know he was willing to lie on this document that you're trying to use to make investment decisions -- which calls into question the entire document since he's to some degree its 'author'". There is, a syste…

I agree with you mostly. I'm not saying that we should trust him regardless of his lie, only that we shouldn't blindly trust others just because we haven't caught them lying yet.

Re: Yahoo CEO might have lied about having CS degree

#102

Earlier quoted context omitted.

Cutting him some slack, its possible that his accounting degree had a significant computing component and he decided to bring this significant aspect out. My degree is in Biological Sciences, but in my third year I specialised almost entirely in molecular biology. Informally I'm sure I've said 'I did molecular biology at university' - although on my CV I've always listed Biological Sciences.

Except it says that at the time he attended the college, they only offered 1 degree in computers, "Intro to Computer Sciences" and didn't start offering computer science degrees for another 4 years.

Exactly. Only one introductory computer science course was offered. Which is strong evidence that it's a complete fabrication rather than an honest mistake.

Re: Yahoo CEO might have lied about having CS degree

#103
post #46

The issue here is not whether or not he's qualified for the CEO spot. It's whether he has been signing off on SEC filings that he knows contain falsehoods. In particular, there's information in the proxy statements that shareholders are supposed to use as the basis of their voting and their support for executive compensation. If he's lying about this, how are shareholders supposed to trust the rest of the SEC filings…

> If he's lying about this, how are shareholders supposed to trust the rest of the SEC filings he signs off on as CEO? I'm not sure how I feel about statements like this. On the one hand, yes, you probably do not want such a brazen liar leading your company. But on the other hand, we as a society tend to believe in a dangerously inaccurate theory of character. Namely, that people are either inherently moral or they a…

If liars are fired, isn't that a pretty strong incentive?

Re: Yahoo CEO might have lied about having CS degree

#104
post #23

His pay package for yahoo is 27 million dollars, i wonder how much of that he will keep after he gets the pink slip? Probably more than I'll ever earn in 5 of my lifetimes. It doesn't seem fair. But I guess demand for ceo's is high and quality ceo's are scarce.

I'd wager that quality CEOs willing to take this particular job are especially scarce.

If I had a nickel for every time I said "I could have run that company into the ground for half the price they were paying that bozo" I would have... a bunch of nickels and not be much wealthier than I am. Alas.

Re: Yahoo CEO might have lied about having CS degree

#105

For those unfamiliar, this is Daniel Loeb's MO [1]. When he first purchased his share in Yahoo he fired a similar round at the board of the time, headed by Roy Bostock. [2] Still, lying about your education is pretty serious, and Thompson should answer the charges. [1] http://nymag.com/nymetro/news/bizfinance/finance/features/10... [2] http://www.scribd.com/doc/64278509/YHOO-20110908-SC13D-0

Seems like a useful sort of guy to have around. Certainly he's going to have more effectiveness than the SEC in keeping Yahoo's financial disclosures accurate.

Re: Yahoo CEO might have lied about having CS degree

#106

Earlier quoted context omitted.

Lying on SEC filings should get you imprisoned. This costs me a lot of money, and I don't want to give free money to people just because they are dishonest. Ban the guy from being the CEO or a board member of a publicly traded company for 10 years. Inexpensive and an appropriate punishment for the crime. Let's reserve prison for people that absolutely cannot integrate with normal society.

Let's reserve prison for people that absolutely cannot integrate with normal society Are you really making the case that no white-collar criminals should go to prison? I guess I can see where you're coming from, but I personally think that we need more financial fraudsters behind bars. You know, the whole "rule of law" and "deterrence" business.

This is probably more about our overcrowded jail system sucking up huge amounts of taxpayer money. The point is likely supposed to be that its one more person in jail, which is bad, but because that person happens to be a CEO, suddenly its about how he shouldn't go to jail because he's a CEO. It's a matter of unfortunate implications.

Re: Yahoo CEO might have lied about having CS degree

#107

Earlier quoted context omitted.

Or, the head of admissions at MIT: http://www.usatoday.com/news/education/2007-04-26-mit-admiss... No question she was good at her job, but it's a real problem when you're in charge of any kind of hiring to ask your applicants to be honest if you're not honest yourself.

Maybe it isn't a problem, but actually something that makes her good at her job? I'd trust a long-time liar to recognize other liars better than an honest person, any day.

"I'd trust a long-time liar to recognize other liars better"

Hmm. If that is the case then it pays to hire some liars soley to review applications. (After thoroughly vetting them of course and making sure they are not lying about lying to get the job.)

Re: Yahoo CEO might have lied about having CS degree

#108
post #69

It's such a stupid lie as well. He already has a degree in accounting and has loads of relevant experience. Why lie about an additional degree? What's happening here is liar's debt. Early in his career he must have made a decision to lie about his education, when no one was looking and when the chances of someone verifying the claim were low. He reused the lie on every subsequent job and it's stuck with him. It becam…

Cutting him some slack, its possible that his accounting degree had a significant computing component and he decided to bring this significant aspect out. My degree is in Biological Sciences, but in my third year I specialised almost entirely in molecular biology. Informally I'm sure I've said 'I did molecular biology at university' - although on my CV I've always listed Biological Sciences.

Biological sciences is pretty similar to molecular biology. Accounting is not quite as similar to computer science.

Re: Yahoo CEO might have lied about having CS degree

#109
post #27

I have a B.S. in Computer Science and B.S. in Mathematics (a double degree). Had I taken fewer courses, I could have had a combined B.S. Computer Science and Mathematics (a double major). I haven't seen a double degree like mine very often, but I have seen the latter form on a LinkedIn profile where Googling for his name returned a university web site showing that the person actually had a minor, not a second major,…

>>I have a B.S. in Computer Science and B.S. in Mathematics (a double degree). Had I taken fewer courses, I could have had a combined B.S. Computer Science and Mathematics (a double major). What is the difference between having them separate as opposed to saying it was a double major? You still have to meet the same requirements don't you?

At my uni (UIUC), there's some technical issues with double majors. I had originally wanted to double major in cs and math, but that's not allowed, because cs is in the engineering college and math is in the liberal arts and sciences college. Since my college grants my degree, neither the engineering college nor the liberal arts college can grant me a degree with the two majors cs and math. I'd need to get two degrees: one from the engineering college and the other from the liberal arts college.

Although UIUC does offer a single "Math and CS" major through the liberal arts college to address this potential issue.

Re: Yahoo CEO might have lied about having CS degree

#110

Earlier quoted context omitted.

Let's reserve prison for people that absolutely cannot integrate with normal society Are you really making the case that no white-collar criminals should go to prison? I guess I can see where you're coming from, but I personally think that we need more financial fraudsters behind bars. You know, the whole "rule of law" and "deterrence" business.

This is probably more about our overcrowded jail system sucking up huge amounts of taxpayer money. The point is likely supposed to be that its one more person in jail, which is bad, but because that person happens to be a CEO, suddenly its about how he shouldn't go to jail because he's a CEO. It's a matter of unfortunate implications.

If we decriminalize recreational drugs and release all of people imprisoned for non-violent drug charges, we'll have more than enough space for crooked executives.

Just a friendly suggestion.

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