W - : It always amazes me how easy and how often they can bail themselves out of any mess...."
No mystery.
For many years, AMD has had a small "interlock" of their board of directors with that of DLJ - Donaldson Lufkin and Jenrette (bought out by Credit Suisse a fe wyears ago). Jerry Sanders conned himself on to the Board of Directors of DLJ and in turn personally placed Joe Roby - DLJ's President on to the AMD board.
DLJ then served as a prime conduit to fleece Wall Street Investors of their money and put it into Jerry Sanders wallet via bonds.
Then, AMD got Friedrich Baur of Siemens/Germany on AMD's board (Siemens once owned about 20% otf AMD) and Baur has been using his connections inside the German Banking Industry to fleece German investors and depositors and build AMD a lavish wafer fab that continually devours German Taxpayer money and produces nothing but losses and empty promises and press releases.
Once again, Jerry Sanders has proven that it's now what you know, but whom you "blow".
Joe L. Roby-Mr. Roby is the Chairman of the Executive Board of Credit Suisse First Boston (CSFB). Before Donaldson, Lufkin & Jenrette, Inc. (DLJ) was acquired by CSFB in 2000, Mr. Roby was President, Chief Executive Officer and a director of DLJ. Mr. Roby was a member of the Board of Directors of DLJ since 1989. He was appointed President of DLJ in February 1996 and Chief Executive Officer in February 1998. Mr. Roby served as the Chief Operating Officer of DLJ from November 1995 until February 1998. Previously, Mr. Roby was the Chairman of the Banking Group of Donaldson, Lufkin & Jenrette Securities Corporation, a subsidiary of DLJ, a position he had held since 1989. Mr. Roby is a member of the Board of Directors of Apogent Technologies.
Dr. Friedrich Baur-Dr. Baur is President and Managing Partner of MST Beteiligungs und Unternehmensberatungs GmbH, a German consulting firm. He has held this position since 1990. Beginning in 1953, Dr. Baur held a variety of positions of increasing responsibility with Siemens AG, retiring in 1982 as Executive Vice President and a Managing Director. He also represented Siemens AG on the Board of Directors of AMD from 1978 until 1982. From 1982 to 1990, Dr. Baur was Chairman of the Board of Zahnradfabrik Friedrichshafen AG.
