Six months later, when the cutbacks were all done, the Chief Executive Officer fired this very same hatchet man with exactly the same words. "What a bastard," said the CEO to himself as he started the search for a new second banana, a search he didn't actually have time to complete before his new bosses at the hedge fund took him out, a step that cost them $147 million in severance but that they still considered a good investment. "What a bunch of losers," said the hedge fund officers. And then they had lunch.
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