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CEO Axings Up
 CEO Axings Up 

CEO Axings Up

Downturn puts bosses in the firing line as investors lose patience

(Newser) - Americans are losing their jobs at the fastest rate in many years and chief executives are far from immune, reports the Wall Street Journal. Six publicly held firms have chucked their CEOs in the last 8 days alone. Many others—including big names like GM's Rick Wagoner, Vikram Pandit of...

Jets, Lions, and Browns Sack Head Coaches

Departure follows end-of-season collapse

(Newser) - With the NFL season freshly over, the New York Jets, the Cleveland Browns, and the Detroit Lions have fired their coaches, the Washington Post reports. The Lions' Rod Marinelli was sacked after having the NFL's first 0-16 season. The Jets' Eric Mangini, at 37 the NFL’s youngest head coach,...

Palin Aides to Testify on Troopergate

Judge denied attempt by staffers to void lawmakers' subpoenas

(Newser) - State employees who had argued that Alaska’s legislature lacked the power to call on them have agreed to testify in the so-called Troopergate probe investigating Sarah Palin’s motives in firing the state’s public-safety commissioner, the Anchorage Daily News reports. A state judge ruled last week against the...

It's Official: Raiders Fire Kiffin

Coach let go three games into season after lengthy dispute with Oakland owner Davis

(Newser) - The Oakland Raiders today fired head coach Lane Kiffin, who had been told he would be released following the team's 24-23 loss to the Buffalo Bills on Sept. 21, ESPN reports. Team owner Al Davis called Kiffin, whose 5-15 record with the team included fourth-quarter leads in 11 games, to...

Palin Emails Complain In-Law Wasn't Canned

Governor lambasted 'joke' investigation into trooper's behavior

(Newser) - Sarah Palin railed against the "joke" investigation of her former brother-in-law, a state trooper embroiled in a nasty custody battle with her sister, in emails sent to the ex-public safety commissioner she fired in July. “This trooper is still out on the street, in fact he's been promoted,...

Navy Captain Fired Over Blaze on Nuclear Ship

Top officers allowed practices that led to $70M in damage

(Newser) - The Navy has canned the captain and executive officer of the USS George Washington after investigations indicated that the destructive fire that broke out onboard this pring may have resulted from breaches in protocol. Flammable liquids were found in unsuitable storage areas, and crewmembers were allowed to smoke nearby. About...

Mariners Finally Sack Bavasi. Who's Next?
Mariners Finally Sack Bavasi. Who's Next?
OPINION

Mariners Finally Sack Bavasi. Who's Next?

Struggling team could also lose CEO, manager, pseudo-ace

(Newser) - It's about time the Seattle Mariners fired Bill Bavasi, the general manager whose ill-advised trades contributed to the team's position in baseball's cellar this year, writes Ken Rosenthal for Fox Sports. But simply jettisoning the guy who got the least possible return out of a $117 million payroll won't be...

Mets Cut Randolph Loose
 Mets Cut
 Randolph Loose 

Mets Cut Randolph Loose

Mets fire manager despite recent improvement

(Newser) - The New York Mets have fired manager Willie Randolph, as well as two of his coaches, reports Newsday. The announcement came this morning after weeks of speculation about Randolph's fate, as the Mets continue to struggle just under .500 after last season's historic collapse. Bench coach Jerry Manuel will take...

Lehman Axes 2 Top Execs in Effort to Stem Slide

CFO and COO both get pink slips after quarterly loss

(Newser) - Lehman Brothers, struggling to allay mounting worries about the company's balance sheet, today axed its COO and CFO. The move comes days after the bank reported a $2.8 billion quarterly loss. Joseph Gregory and Erin Callan will both remain at Lehman, but will be replaced at the top by...

Rove Canned in Church: Book
 Rove Canned in Church: Book 

Rove Canned in Church: Book

Bush gave 'brain' the boot during Sunday service

(Newser) - After riding to prominence on prophesies of a permanent Republican majority, Karl Rove ultimately learned of his White House excommunication in church, a new book reveals. President Bush gave his longtime adviser his pink slip in the pews, telling Rove last summer, “there’s too much heat on you....

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