for les's eyes only, please do not circulate
I have been trying to be extra cautious in not
involving myself in the mighty mouse "he said ,she
said"( the
cartoon character that was always self touted as the
only one to "save the day"}.... I know he has done an
excellent job of cutting expenses, and reorganizing
your point of sale info system,, THis is a job he does
well, simply administrate a process oriented task.. as
chief administrator , not however has he proven
competent with real business judgement or task outside
this arena. He certainly lacks the confidence of wall
street,.. I am conflicted in
whether or not I should make you aware of the some of
the real history ;, MM thought he was passed over for
dean of
the business school.nonsense!.. acording to Larry ,
who refers to him derivesly as a mere "muppet" , the
idea was self
generated and delusional.. as Neil Rudinstine the then
president , clearly thought mm was simply a
"windbag".. those are the facts... I am hesitant to
bring up his apparent
true lack of "People skills "which I have heard
amazingly touted as superb , , I am not sure you want
to be reminded that he had not seen through , Jerry
GLazebrook. an obviously disturbed character that
eventually got to the point of threatening the
family,,HArry could have
seen the obvious personality disorder, . I feel it
unnecessary to point out that , it is my best
recollection that Jerry did not report to anyone but
mm. who while auditing your compensation for every
penny spent,at the same time approved 100's of
thousand of dollars of
bogus invioces .I am concious of your affection for
and commitment to mm
,and am undecided if i should re- call to your
attention the fact that He believed in and partnered
whole heartedly with
Fred at the Hospital, in the face of what was clearly
the majority view, and was unable to see through
fred's obvious bullshit,,In negotiations actually
taking Fred's side..vs.both me and Marshall ,However
as I understand it, It
didn't take John Wolfe much time however,to realize
Fred's con.
,I realize that you are acutely aware that he has
alienated all of
your attorney, your chief of staff, your in house
counsel, your private secretary, even your wife,,, ,As
I understand it , he is
about to piss of the wife of John Wolfe re, the
columbus foundation, as once again "process" takes
precedent over common sense,...also unfortunately for
him probably not a good career move,, I have searched
to
give him the benefit of the doubt ,but have been
unable to find people who support his interpersonal
skills, therefore I assumed
therefore that he must have a resovoir of
extraordinary businesss skills , to
compensate, but , it is
impossible to find a serious succesful transaction,
that he has completed in the past six years,,, he
screwed up sephora,I can't beleive it but He was
about to stick you with a
100 million dollar loss with the Accenture deal..First
as a charitable contribution and then as a lopsided no
hope business proposition.( I
wrote to you so you would have a record of the
ludicrousness of the proposal...I don't want to
annoy you , so I am being as gentle as I can,,,but it
is apparent
to just about everyone that he just doesn't get it..}
yankee candle.. in which
Forstmannn made over a billion dollars,,overpaid
Frederick by a 100% ,compared to what he was willing
to
take... ,And with pompousness and certainty declared
categorically that the Amazon business model was
doomed to failure , I realize that This does not take
away from his administrative talents, I can go on..
.. I cherish our
friendship, and when it came time for Abigails
decision not to go to Dubai ,you understand that I
beleive I know how you think in
certain circumstances , therefore I am sympathetic to
your
needing a person to rely on to carry out certain
tasks.... however
and most importantly, the irrefutable truth is , he
clearly and irrefutably
lacks the trust of the people closest to you ,
including your wife( who's judjement, you certainly
respect}, ,, Bruce, donna ,sam ,dennis, eddy,
,,,THis is crazy,,, None of the aforementioned group,
believes that he would act in your best interest if
push came to shove..,,,THe silliness of the situation
can be illustrated by the fact that it is difficult
but apparently necessary for bruce ( who prefers
paranoically not even to mention mm's name on his
phone in his own office} to have to consistantly leave
the room as the only alternative he feels is left open
to him so
he doesn't have to listen one more time to how "
without me,, things would be really fucked up".. , I
believe that this information belongs to you, and
under "gang stuff" rules I cannot simply be the
repository of peoples hushed calls , and not share
with you..If History is a guide You
may now decide not to return my calls for
awhile,,, I hope not , but I am confident in the end
that you will acknowledge the unfortunate reality,
and my corresponding responsibility to bring it to
your attention.
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