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Investment Blog Bashes Take-Two Boss Zelnick

By Dr. Evelyn Thorne | January 01, 0001

Investor-written site Market Rap has gone all-out on Strauss Zelnick, boss of Take-Two, accusing him of lying, irresponsible leadership and pocketing extra cash while at the same time overseeing a decline in the company’s share prices.(new Image()).src = 'https://capi.connatix.com/tr/si?token=995c4c7d-194f-4077-b0a0-7ad466eb737c&cid=872d12ce-453b-4870-845f-955919887e1b'; cnx.cmd.push(function() { cnx({ playerId: "995c4c7d-194f-4077-b0a0-7ad466eb737c" }).render("79703296e5134c75a2db6e1b64762017"); }); Keep in mind that the story is written by someone with a personal and financial interest in the company. With that in mind the piece is worth reading not only because it’s highly entertaining, but also because it does a great job of placing the last 18 months of Take-Two’s business dealings in context. If you’re keeping score, in a two year period, Mr Zelnick managed to, on three occasions, make vital statements that were within a matter of weeks proven to be either fabricated or just incredibly incompetent (or worse). Mr. Zelnick managed to resist and reject p31 เครดิตฟรี 188 a buyout offer that p31 เครดิตฟรี 188 was triple the company’s current share price while claiming other interested parties who never emerged. And Mr. Zelnick, meanwhile, tripled his management company’s compensation for these efforts because, after all, he does not engage in regrets and does not “take responsibility for the market.” These statements and others strongly suggest that investors should proceed with extreme caution with any investment that involves Strauss Zelnick. His performance so far as an executive manager of a publicly traded company is one of the worst I have ever seen in my professional investment experience. Granted, not many of you will u31.com เข้าสู่ระบบ u31.com เข้าสู่ระบบ be Take-Two shareholders, but still, that’s not the kind u31 เครดิตฟรี 31 บาท of picture you like to see painted about the guy (and board) responsible for publishing Grand Theft Auto and BioShock. No Regrets, No Responsibility: u31 เครดิตฟรี 31 บาท Strauss Zelnick, Take Two Interactive’s Chairman [Market Rap, via GamePolitics]

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