Tag: Larry Ellison

Stock manipulation does some good

Larry Ellison was accused of stock manipulation a few years back – everyone’s stock was headed down the tubes, so I think lawyers were looking at the billionaire as a scapegoat. He had money then, he has money now, and Oracle didn’t go down the tubes like many others (even though it might have a bit of trouble now).

Nonetheless, as part of a settlement on those charges, Mr. Ellison is going to be donating in upwards of $100 million to philanthropic causes. The timing is impeccable.
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Blood lust, or loving the underdog?

Call it bad blood if you want, but anytime a company is going through CFOs like I go through caddis flies, I have to wonder what kind of mess might be brewing at the company. Some are speculating that Larry Ellison is just too hard to work with – frankly I love the guy for his salesmanship (or just plain big balls, whichever you prefer). Yes, he may take his cockiness to extremes, but why the hell should he care. Got billions, do whatever the hell you want. I’d take the job if I wasn’t so fricken unqualified!
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