Commentary
Tim Armstrong's 'Mitt Romney Moment'
- by Joe Mandese @mp_joemandese, October 1, 2012
That's the way Bob Garfield described it when, after asking Tim Armstrong to explain Wall Street's "hot and cold" relationship with AOL, Armstrong said the cold part mainly comes from some disruntled shareholders who have been waging a proxy battle against Armstrong's strategy for the company.
To which Armstrong said only 10 shareholders really matter.
That's when Garfield threw the hardball follow up question during his keynote conversation at OMMA Global this morning, asking Armstrong if his "only 10 shareholders" matter
quip was akin to Mitt Romney's
"47%" of Americans not mattering line.
"47%" of Americans not mattering line.
"All of our shareholders matter," Armstrong corrected, backpeddling in a way that
implied, however, that some matter more than others.
Joe Mandese is the Editor in Chief of MediaPost. You can reach Joe at joe@mediapost.com.
