AMD takes another $900Mill charge due to loss ...

[nyker96]

http://www.dailytech.com/article.aspx?newsid=12362

 

[myocardia]

Ouch. I wonder when those morons are going to figure out who's at fault for this. My guess is that his name starts with Hector Ruiz.

 

[Idontcare]

Originally posted by: myocardia
Ouch. I wonder when those morons are going to figure out who's at fault for this. My guess is that his name starts with Hector Ruiz.

Ruiz was not/is not holding a gun to anyone's head.

At this point the fault lays squarely on the shoulders of the negligent BOD (keeps approving of his requests to spend/acquire/writedown) and existing shareholders (refuse to do a proxy for removing/replacing BOD).