with themselves. If the COO was no good to begin with why was he hired by Bezos. If the COO was no longer needed then Bezos should have given him the axe.
So, which is it?
Was Bezos wrong for keeping the COO on?
Was Bezos wrong for hiring him to begin with?
Is Bezos wrong now for thinking that AMZN is not in trouble? (This event makes me think the COO thought they were.)
Anyway you slice it Bezos made a mistake. Either he hired the wrong guy and didn't know it or he hired the wrong guy and knew it but was afraid to do anything lest it disturb AMZN's turbulent stock price. If he was wrong about that then he could be wrong about everything -couldn't he?
Slowly we are seeing the de-mystification of Bezos and as AMZN is more scrutinized he will be too. His mistakes will be magnified 100 times over until investors slowly realize that he is wrong about his entire business model.