Not so long ago Al Dunlap was the hottest CEO on Wall Street. He was considered a turnaround wizard. He would come in and takeover tired companies and turn them into lean, competitive, up-to-date machines, suitable to be sold to the highest bidder. His methods were simple. He used massive layoffs, plant and factory closings, and asset liquidations to give the illusion of a trim, modern, efficient corporation, which would rally the company stock and lure potential buyers. For his ruthless pursuit of this strategy, he earned the nickname Chainsaw Al.
↧
Chainsaw Paul Ryan
↧