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It's finally happening: Ballmer to retire as CEO of Microsoft
- Thread starter hanselthecaretaker
- Start date
i'm already on ps7..
Maybe he's resigning before the shit hits the fan with the UN hackage.
kx250rider
New member
I hadn't heard he was retiring until I saw this post, and Googled it... I can almost guarantee he's not actually retiring, but just moving on to something more exciting in business before something crashes at MS. (Now I have to find out... Phone call to be made shortly 
) . I've been to his place in WA, and it's unbelievable. You have to use a small plane or helicopter to get there. Totally isolated.
No wise cracks.. I'm not doing business with him or anything... Mutual friends with his son.
Charles
) . I've been to his place in WA, and it's unbelievable. You have to use a small plane or helicopter to get there. Totally isolated. No wise cracks.. I'm not doing business with him or anything... Mutual friends with his son.
Charles
Last edited:
Kind of on topic-
kx250rider
New member
According to his son Sam, it's a bunch of publicity, and there was an agreement in place since 1990-something which suggests how his MS holdings are to be handled. Just as I thought, "retirement" is just word, and it's all about accounting and taxation ;-) .
Just for the record, the Ballmers are as down-to-earth as you can imagine. They have a big estate in WA, but other places including a single-wide mobile home which they actually do stay in sometimes. Sam works while in school at USC, and he had to put funds aside to buy a pair of Converse last year. And the family has morals despite being among the wealthiest. THAT is discipline!!!!
It's unfortunate that many wealthy people have a bad rep for dishonesty and snobbiness. There is another billionaire in the oil investing field, who is constantly failing to pay royalties due oil rights owners, and who in stead keeps buying vintage war planes for his collection. (Name withheld). He's an example of why the "rich" are scorned so much. What I wish people knew, is that they're not all like that. In fact, I know of a case just this July, in which someone heard that a friend was selling his family home due to bad economic circumstances, and was willing to move his family and 93-year-old father-in-law to a small apartment in order to do "the right thing" and not get a lawyer to cheat the bank out of the mortgage balance, or whatever people are doing lately. The "someone" who heard about this, wrote a check for $358,000 and paid off the house for the person. No tax benefits, not guarantee it would ever be repaid. Why did they do that? Because the homeowner was preparing to "do the right thing", and thus a generous hand was extended "because it was the right thing to do".
People like the Ballmers and other ultra-wealthy names, should be judged fairly by their character, and not pre-judged by their bank balance. Let me just say that anyone who wants to be in a very comfortable financial position, will NEVER get there, no matter how much they make, if they scorn those who are already there. Fact.
*I think Sam may be a visitor or even a member here on EF, and the only reason I mentioned the name Sam, is that it's open information on the internet. There are other sons whose names aren't very public.
Charles
Just for the record, the Ballmers are as down-to-earth as you can imagine. They have a big estate in WA, but other places including a single-wide mobile home which they actually do stay in sometimes. Sam works while in school at USC, and he had to put funds aside to buy a pair of Converse last year. And the family has morals despite being among the wealthiest. THAT is discipline!!!!
It's unfortunate that many wealthy people have a bad rep for dishonesty and snobbiness. There is another billionaire in the oil investing field, who is constantly failing to pay royalties due oil rights owners, and who in stead keeps buying vintage war planes for his collection. (Name withheld). He's an example of why the "rich" are scorned so much. What I wish people knew, is that they're not all like that. In fact, I know of a case just this July, in which someone heard that a friend was selling his family home due to bad economic circumstances, and was willing to move his family and 93-year-old father-in-law to a small apartment in order to do "the right thing" and not get a lawyer to cheat the bank out of the mortgage balance, or whatever people are doing lately. The "someone" who heard about this, wrote a check for $358,000 and paid off the house for the person. No tax benefits, not guarantee it would ever be repaid. Why did they do that? Because the homeowner was preparing to "do the right thing", and thus a generous hand was extended "because it was the right thing to do".
People like the Ballmers and other ultra-wealthy names, should be judged fairly by their character, and not pre-judged by their bank balance. Let me just say that anyone who wants to be in a very comfortable financial position, will NEVER get there, no matter how much they make, if they scorn those who are already there. Fact.
*I think Sam may be a visitor or even a member here on EF, and the only reason I mentioned the name Sam, is that it's open information on the internet. There are other sons whose names aren't very public.
Charles
I wouldn't doubt he could be a great guy personally, but from a business perspective he probably wasn't the best choice to run the largest software company in the world. He was Gates's buddy, which must have also helped. I think their stock went up nearly 7% after he made the announcement.
Considering most of what I know about Mr. Ballmer's character is how he chose to run the company, that's about the only part of it I'm able to judge. I was going to write a long, detailed reply but suffice to say that many consumers and investors, even a number of business partners seem to have ended up feeling alienated, betrayed, and generally taken advantage of by Microsoft over the last few years; perhaps more so in the console industry than any other. The departure of Don Mattrick shortly after Microsoft's E3 showing this year was the first big sign of a public relations fiasco that had reached a tipping point. No matter how they've carried out business in various sectors, or their motives for doing so, it hasn't turned out very well.
Whatever the case, maybe some good will come of it all and put Microsoft on a path towards redemption.
Considering most of what I know about Mr. Ballmer's character is how he chose to run the company, that's about the only part of it I'm able to judge. I was going to write a long, detailed reply but suffice to say that many consumers and investors, even a number of business partners seem to have ended up feeling alienated, betrayed, and generally taken advantage of by Microsoft over the last few years; perhaps more so in the console industry than any other. The departure of Don Mattrick shortly after Microsoft's E3 showing this year was the first big sign of a public relations fiasco that had reached a tipping point. No matter how they've carried out business in various sectors, or their motives for doing so, it hasn't turned out very well.
Whatever the case, maybe some good will come of it all and put Microsoft on a path towards redemption.
kx250rider
New member
I think that's the case with a lot of people in the corporate world. Starting with David Sarnoff of RCA (one of the most successful presidents & CEOs in US history... But also a tyrant, a bigot and a untouchable murderer). Henry ford was also a bigot and a tyrant, and uber-successful with the Ford Motor Co. Nice guys probably just aren't up for playing hardball in the corporate world, I guess.
Charles
There's a good few articles about it...the sociopathic effect.
I'm not saying that people are jerks or anything like that. Rather, I say that they are focused on one thing (profit) and not other things.
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