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Yahoo has formed a committee to conduct “a thorough review” to figure out how it managed to hire a CEO with inaccurate – at best – qualifications. In particular it will look at Scott Thompson’s academic credentials, “as well as the facts and circumstances related to the review and disclosure of those credentials,” the company said.

Independent director Alfred Amoroso will head the committee, which is comprised of him along with John Hayes and Thomas McInerney, independent directors who joined the board in April.

This special committee will have its own independent counsel, too: Terry Bird. His law firm Bird, Marella, Boxer, Wolpert, Nessim, Drooks and Licenberg “engages solely in the practice of complex civil and white collar criminal litigation,” according to its website.

Meanwhile, Thompson sent a memo of vague apology to Yahoo employees. “I want you to know how deeply I regret how this issue has affected the company and all of you,” he wrote in part. “We have all been working very hard to move the company forward and this has had the opposite effect. For that, I take full responsibility, and I want to apologize to you.”

Related links:

Yahoo – press statement

Bird, Marella, Boxer, Wolpert, Nessim, Drooks and Licenberg – official site

Forbes – Yahoo CEO Apologizes For Resume Scandal But Refuses To Leave

Associated Press – Yahoo CEO apologizes for bogus college degree

CNN Money – Yahoo CEO: ‘I want to apologize’ for resume ‘error’

Reuters – Yahoo CEO apologizes in memo, board meets

Photo by Flickr user jencu, used under Creative Commons license

1 COMMENT

  1. It’s funny to hear so many Yahoo employees making these judgements of ethics when they really don’t have any. The thing is, all of Yahoo is part of a huge lie. That lie is the total and complete misrepresentation of their photo sharing social network, Flickr. For over 7 years Yahoo has gotten away with misrepresenting Flickr as something it’s not. What’s more, all the media, and politicians using the platform for PR have been a big part of the lies that forfeit any opinions being expressed condeming Thompson’s ongoing fib.
This is because on the outside, Yahoo’s Flickr is presented to the public as a work-safe, family friendly place to let anyone 13 and up share photos with others. The real truth is, that under the charade created by slick algorithms and ongoing PR malarky, Flickr is a huge pron site hosting tons of people that share that adult content knowingly with children, without much suspicion by anyone.
Obama, Romney, and a slew of others like most of the Texas government have no problem with the fact that this gross misrepresentation has afforded Yahoo’s Flickr the right to bypass filtering and flow right into grade schools and libraries, and most of all, into homes of trusting parents, fooled into thinking Flickr is safe. 
Only one person has ever come out and called Flickr what it really is. That is Nicholas Carlson of Business Insider. His article last year tells the real truth. Nobody here will share that truth with you, so they are part of the lie too.
    When confronted on it the other day, all C-Net’s Steve Shankland to say was, in typical response, “so what? It’s what the internet is all about anyway.” But we are not talking about any typical adult website, we are talking about Yahoo. A company that is trusted by millions of people to do the right thing, honestly. That’s why so many of their advertisers baulked when confronted with the truth. That is why everyone at Yahoo is a liar, just like their CEO, and just like these media people are too. Freedom of speech is one thing and we don’t care much about the pron either way. It’s the huge, accepted lies that bother us, and the hypocrisy that dominates our society in places like this.

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