Is Yahoo’s Yang toast?
“I am extremely angry at Jerry Yang and at the so-called independent board,” Crawford told the Times. ”I’m hoping that there is such an outpouring of outrage that the board is embarrassed into revisiting this thing … but I’m not optimistic about that.”
It may not be wise to aggravate Crawford, portfolio manager for Capital Research Global Investors, a division of Capital Research & Management, which owns 16 percent of Yahoo.
Just ask AllThingsD’s Kara Swisher about how Crawford treated Steve Case in the AOL Time Warner disaster. Within a year, AOL Time Warner Chairman Steve Case resigned.
(Photo: Reuters/Steve Case)