NASDAQ CEO : Perjury or Ignorance?
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Uploaded by pressangle on Dec 7, 2006
The following is 55 seconds of Bob Greifeld,CEO of NASDAQ being asked if he understands the definition of "gross profit margin" in a lawsuit over an unpaid balance on a $611,000.00 family vacation.The nasdaq CEO claims the trip was based on "cost plus 38% mark up" and the plaintiff claims the experience was "cost plus a 38% Gross Profit Margin". The Attny,Richard Mackiewicz asks Bob if he knows the most rudimentary business question and you decide if he is lying (to win) or is he really that ignorant of basic,basic business principles. Remember, this guy is buying the London Stock Exchange which would make him in charge of the "market confidence" and reporting of companies equaling $11 trillion worth of your stocks.
- 3 likes, 1 dislikes
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I agree the guy is fat. But according to the Wall Street Journal I found online, the Judge, despite all of Greifeld's pedigree and testimony ruled clearly that the fat guy didn't overcharge a dime. It seems this Greifeld character tried to stiff him for 60 or 70 grand. Hats off to the fat man for making a stand against these overpaid and obvlously stupid CEO's who can't figure basic math that I learned in my 2nd semester in college.Gross profit. A monkey could figure that out (or he's lying).
panamapoppy 3 years ago
These allegations against my family friend Mr. Greifeld are absurd. Ever here of fat arrogant pricks trying to steal money on shear jealously?
tblm0073 3 years ago
that guy is a genius
tblm007 3 years ago