EDS Silent On New CEO's IT Consulting Past
theodp writes "Slate reports on the press release issued by IT consulting giant EDS to announce new CEO Michael H. Jordan that curiously doesn't show Jordan to have any experience in the IT consulting field. In the late '90s, Jordan helped create IT consulting firm Luminant, took it public, and served as chairman of its board for 21 months. Luminant raised $80+ million from its IPO and paid $422 million to buy businesses as part of its pure-play roll-up strategy before filing Chapter 11 and having its assets sold for a mere $3 million. Slashdot readers may remember Luminant as the wacky workplace of My Fake Job, in which an ex-"Late Night" writer described 17 days he spent faking a job at the dot-com."
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How'd this story get here? What a waste of time to think about.
Their criticisms of linux would make a MS asstroturfing troll cringe. You can read it here.
Anyhow, management liked their ideas, I objected and found myself rightsized 2 weeks later. 3 Months later, they called me to ask if I was available, but my own consulting businesss was starting to take off. they were listed on fuckedcompany a couple months later :)
--Jerry.
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