re: RIM Former Co-CEOs' Golden Parachutes Draw Jeers
Dont forget that Lazaridis essentially created RIM - without him, none of this would have existed. He created value when none existed by having the foresight long before others did. While he may not be the best CEO, give him credit where its due. Balsillie did provide the energy to grow the company earlier on, but wasn't "working the farm" at the mid-life point when he should have. They essentially couldn't get out of the paradigm that they created and painted themselves into a corner. Do they deserve a parachute? Perhaps not when considering the current environment - but I'd rather pay them than most of the other " hired CEOs" who essentially walked in a destroyed companies (i.e. Nortel, HP, etc.), or those Wall Street criminals.