Non-executive director quits SCi board
We weren't sure what this meant, so we picked up the bat phone and asked Wedbush Morgan analyst Michael Pachter what the dealio is. He told us it's "impossible to read anything into this." Explaining that Brown was Tchenguiz's rep on the board. Tchenguiz could have wanted him to do something else or perhaps Brown got another job. SCi has gone through several shake-ups lately after losing $177 million last year.
Reader Comments (Page 1 of 1)
Dalrint @ Oct 9th 2008 12:37PM
What is that picture from?
Sunny @ Oct 9th 2008 12:42PM
And... who is SCi again?
JoeTheBlow @ Oct 9th 2008 1:10PM
They, like Atari, are a ridiculously bloated sinking ship.
All their money goes into paying the massive platoon of managers and board members who do fuck all except absorb all the income and play golf all day.
Of course the managers don't want to risk losing their cushy number, so blame the stock market, and fire employees regularly to make up for it.
Compare them to someone like Valve, Criterion, or Insomniac and you see what a lean game machine can be.
FUCK THE FATCATS!