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51: Al Dunlap
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Content provided by Desperate Acts of Capitalism Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Desperate Acts of Capitalism Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Al Dunlap was not an ordinary man: he was a verb. Across the country, his name was a byword for rapid corporate turnarounds and ruthless efficiency; at least, that's what he claimed on the jacket cover of his book. Known for walking into boardroom meetings in ostentatious outfits and firing half the company, there was a time when Wall Street believed that "the Chainsaw" really could turn bad companies into good ones with sheer willpower. But Al was playing a dangerous game, and in the end he flew too close to the sun. Edited and thumbnail by Noah JOIN US ON PATREON FOR EARLY EPISODE RELEASES, BONUS CONTENT, AND MORE: www.patreon.com/desperateactsofcapitalism Sources: Securities and Exchange Commission v. Albert Dunlap et al., Civil Action No. 01-8437-CIV (Middlebrooks)(S.D. Fla.) https://www.sec.gov/litigation/litreleases/lr-17710 Mean Business by Al Dunlap https://archive.org/details/meanbusinesshowi00dunl_0 "Portfolio’s Worst American CEOs of All Time" https://www.cnbc.com/2009/04/30/Portfolios-Worst-American-CEOs-of-All-Time.html?slide=16 "SEC Sues Sunbeam CFO Kersh, Dunlap, and Four Others" https://www.cfo.com/news/breaking-news-sec-sues-former-sunbeam-cfo-kersh-dunlap-and-four-others/683301/ Book review: "Rambo in pinstripes. Chainsaw: The Notorious Career of Al Dunlap in the Era of Profit-at-Any-Price" https://onlinelibrary.wiley.com/doi/epdf/10.1002/npr.4040190212?saml_referrer "Memo to Al Dunlap: You're Fired!" https://knowledge.wharton.upenn.edu/article/memo-to-al-dunlap-youre-fired/ "Al Dunlap Compared Himself to Springsteen, Then Came a Steep Fall" https://www.wsj.com/articles/albert-j-dunlap-cost-slashing-sunbeam-ceo-known-as-chainsaw-al-dies-at-age-81-11548611699 "Michael F. Price, a Pugnacious Value Investor, Has Died at Age 70" https://www.wsj.com/articles/michael-f-price-a-pugnacious-value-investor-has-died-at-age-70-11647621811
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57 episoade
MP3•Pagina episodului
Manage episode 398890634 series 2593960
Content provided by Desperate Acts of Capitalism Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Desperate Acts of Capitalism Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Al Dunlap was not an ordinary man: he was a verb. Across the country, his name was a byword for rapid corporate turnarounds and ruthless efficiency; at least, that's what he claimed on the jacket cover of his book. Known for walking into boardroom meetings in ostentatious outfits and firing half the company, there was a time when Wall Street believed that "the Chainsaw" really could turn bad companies into good ones with sheer willpower. But Al was playing a dangerous game, and in the end he flew too close to the sun. Edited and thumbnail by Noah JOIN US ON PATREON FOR EARLY EPISODE RELEASES, BONUS CONTENT, AND MORE: www.patreon.com/desperateactsofcapitalism Sources: Securities and Exchange Commission v. Albert Dunlap et al., Civil Action No. 01-8437-CIV (Middlebrooks)(S.D. Fla.) https://www.sec.gov/litigation/litreleases/lr-17710 Mean Business by Al Dunlap https://archive.org/details/meanbusinesshowi00dunl_0 "Portfolio’s Worst American CEOs of All Time" https://www.cnbc.com/2009/04/30/Portfolios-Worst-American-CEOs-of-All-Time.html?slide=16 "SEC Sues Sunbeam CFO Kersh, Dunlap, and Four Others" https://www.cfo.com/news/breaking-news-sec-sues-former-sunbeam-cfo-kersh-dunlap-and-four-others/683301/ Book review: "Rambo in pinstripes. Chainsaw: The Notorious Career of Al Dunlap in the Era of Profit-at-Any-Price" https://onlinelibrary.wiley.com/doi/epdf/10.1002/npr.4040190212?saml_referrer "Memo to Al Dunlap: You're Fired!" https://knowledge.wharton.upenn.edu/article/memo-to-al-dunlap-youre-fired/ "Al Dunlap Compared Himself to Springsteen, Then Came a Steep Fall" https://www.wsj.com/articles/albert-j-dunlap-cost-slashing-sunbeam-ceo-known-as-chainsaw-al-dies-at-age-81-11548611699 "Michael F. Price, a Pugnacious Value Investor, Has Died at Age 70" https://www.wsj.com/articles/michael-f-price-a-pugnacious-value-investor-has-died-at-age-70-11647621811
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57 episoade
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