The Business Press Maven

Maven: Wretched Little Stenographers

 

Meanwhile, in a comically inept article that appeared on A1 the next day called "Executive's Fatal Flaw: Failing to Understand New Demands on CEOs," Alan Murray explained that Nardelli was "old school" and that his undoing was not understanding how modern CEOs work.

Nothing on the missed opportunity of the housing boom. Not a word. Suffice to say: By pocketing hundreds of millions without creating an ounce of value for shareholders, Nardelli seemed to have a pitch-perfect understanding of the modern CEO. It's time that The Wall Street Journal does, too.

>To order reprints of this article, click here: Reprints

At the time of publication, Fuchs had no positions in any of the stocks mentioned in this column.

A journalist with a background on Wall Street, Marek Fuchs has written the County Lines column for The New York Times for the past five years. He also contributes regular breaking news and feature stories to many of the paper's other sections, including Metro, National and Sports. Fuchs was the editor-in-chief of Fertilemind.net, a financial Web site twice named "Best of the Web" by Forbes Magazine. He was also a stockbroker with Shearson Lehman Brothers in Manhattan and a money manager. He is currently writing a chapter for a book coming out in early 2007 on a really embarrassing subject. He lives in a loud house with three children. Fuchs appreciates your feedback; click here to send him an email.

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