back to article Yahoo! chairman! falls! on! his! sword!

Yahoo!'s chairman and three other board members are stepping down as the once-mighty web firm continues its drawn-out internal shake-up. Chairman Roy Bostock announced the purge in a letter to shareholders, saying the directors had chosen not to stand for re-election to the board "in order to accelerate the company's …

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Translation

We're finally admitting that Yahoo is doomed and activating our golden parachute clauses whilst our share options are still useful for something more than toilet paper

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Funny thing...

Facebook's profit for 2011, as announced in their IPO filing, was $1bn. Yahoo!'s profit is currently running at about $1bn a year, as best I can make out.

One is allegedly worth $100bn, the other... isn't.

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Bubbles

Farcebook is riding an inflating bubble.

Yahoo is covered in the gunge of the previous bubble.

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WTF?

"accelerate the company's transformation"?

Why does the phrase "polish a turd" spring to mind? It's probably just me - as you were.

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Plan:

1. Golden Parachute out of spiraling ball of fail.

2. Sell stock on uptick.

3. Profit!

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They need leadership stability

I hear Kim Kardashian is available.

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