Thursday, February 22, 2007

If Bush were CEO, he'd be fired, says business executive


Comparing the United States to a troubled private corporation, a business executive says in Salon this morning that if President Bush were the CEO of a private company, its board would send him packing.
Warren Hellman is the founder of Hellman & Friedman, a private equity investment firm, and was the youngest employee ever made a partner at Lehman Brothers. Noting that Bush is the first president with a master's degree in business administration, he writes in Salon that "if the United States were a company, it would be a troubled one," pointing to the Bush administration's shortcomings in managing the national budget, its poor warfighting in Iraq and Afghanistan, and other crises.

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