Ooops, something happening?! Normally if CFO is "retiring" new one will be already found, what is really going on?
"MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Google Inc. (NASDAQ: GOOG - News) announced today that George Reyes has informed the company of his intention to retire as Chief Financial Officer. Reyes indicated that he will remain to assist in the search for a new CFO and to assure an orderly transition, which Google expects will occur by the end of the year."
Do I smell ENRON here? Or maybe Mr Reyes invested in ABCP couple of Google Billions of cash?
In any case it is not positive sign for the company experiencing pressure of "Law of Big Numbers" and its inability to sustain implyed growth rate.
There is never one cockroach in the closet...it is only beginning.
There is never one cockroach in the closet...it is only beginning.
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