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Jun 02 2008 12:00am EDT
Bloody Jerry
Russ Mitchell says: A judge unsealed court documents that show the lengths to which Jerry Yang will go to keep himself top dog at Yahoo. They include trying to alter compensation packages to help poison any takeover. But even his own staffers advised against such moves.
At last week's All Things D tech bigwig conference, Yang said that creating shareholder value is "our job." But when asked how Yahoo would boost value beyond the price Microsoft was willing to pay, Yang only spoke in generalities. Sample explanation of strategy: "Coming up with more innovations and differentiations."
One thing Yang was very specific about: his place in the universe. "I do think I am the best person to lead Yahoo," he said. Why? "Not only because I bleed purple and bleed Yahoo, but because I think there is a big opportunity for Yahoo to fulfill."
