Tagged Susskind

RIM’s Lesson for Law

The resignation of the CEO of an embattled public company, despite the predicted stock market bounce, is never good news.  When you have two, who share the post, and both resign simultaneously, you have double the trouble. (la version française suit.) By announcing their resignation on a Sunday, they followed the traditional wisdom of trying to bury bad news during the weekend news cycle.  Even in this, they got their own market wrong, and the recovery of RIM’s shares evaporated before Monday afternoon.  In the new media, news never sleeps.  Indeed, people absorb news better on weekends.  More than any…