With new CEO, maybe positive sss number next month, GS may finally try to work the price up to the secondary price so that it can save its reputation with its clients who was sold with the JCP secondary offer.
Currently JCP does have a workable turn around strategy, the current key issue is not about strategy and I don't think we want to bring a new CEO with "new" strategy again.
The key issue is confidence: the share holders' confidence, the bond holders' confidence and the vendors' confidence. Stephen's past experience are very helpful here (to build those confidences) because he has been there and done that.
Ullman has to be replaced. it is not because of his strategy, it is because that his current secondary offer handling has pretty much destroyed all the confidences.