Every age, it seems, must have its Nero.
The indifferent figure callously fiddling while Rome is burning all around him.
We see one such Nero-esque figure in the ponytailed Jonathan Schwartz, CEO of the struggling IT company Sun Microsystems.
Sun’s fortunes have taken a massive beating after the dot com bust. Wave after wave of layoffs has roiled the company, revenues have fallen, profits have collapsed and the share price has sunk deep into the sewer.
And our ponytailed Sun CEO Jonathan Schwartz, protege of former CEO Scott McNealy, is blogging – yes, wasting his highly paid CEO time blogging – as the Sun ship slowly sinks into a quagmire.
Sun’s stock is now trading near its 52-week low. And Ponytail is blogging.
Sun’s server revenues are declining (for Q4, 2007, according to IDC). And Ponytail