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UpInArms

(55,192 posts)
2. Chainsaw Al comes to mind
Fri Apr 10, 2026, 09:21 AM
Apr 10
Albert J. Dunlap

Albert John Dunlap (July 26, 1937 – January 25, 2019) was an American corporate executive.[2][3] He was known at the peak of his career as a professional turnaround management specialist and downsizer. The mass layoffs at his companies earned him the nicknames "Chainsaw Al"[4] and "Rambo in Pinstripes", after he posed for a photo wearing an ammo belt across his chest.[5]

It was later discovered that his reputed turnarounds were elaborate frauds and his career was ended after he engineered a massive accounting scandal at Sunbeam Products, now a division of Newell Brands, that forced the company into bankruptcy.[6]

Dunlap is on the lists of "Worst CEOs of All Time" published by several business publications.[7][8] Fast Company noted that Dunlap "might score impressively on the Corporate Psychopathy checklist"[9][10] and in an interview, Dunlap freely admitted to possessing many of the traits of a psychopath, but considered them positive traits such as leadership and decisiveness.[11][12] He was a major benefactor of Florida State University.[13]
hostile takeover by private equity describes the situation. rampartd Apr 10 #1
Private equity needs to become illegal. Clouds Passing Apr 10 #4
Regulated at least rampartd Apr 10 #8
Chainsaw Al comes to mind UpInArms Apr 10 #2
Chainsaw Al is a hero to the business titans of today. Midnight Writer Apr 10 #5
There are still people who want old Chainsaw. Linda ladeewolf Apr 10 #16
Chainsaw Elon orangecrush Apr 10 #18
First read your Reply title... oldsoldierfadingfast Apr 10 #31
kick Baitball Blogger Apr 10 #3
K&R orangecrush Apr 10 #6
The "Bane"Capital of presidents.. yorkster Apr 10 #7
This message was self-deleted by its author yorkster Apr 10 #9
It's called Vulture Capitalism blue-wave Apr 10 #10
Jack Welsh orangecrush Apr 10 #19
Yes indeed. blue-wave Apr 10 #22
100% orangecrush Apr 10 #30
And Mitt Romney is now a hero for voting to impeach Trump MadameButterfly Apr 10 #32
It's particularly disgusting and evil when they do it to hospitals... King_Klonopin Apr 10 #11
and to nursing homes Wicked Blue Apr 10 #13
Selling off the National Parks too flamingdem Apr 10 #12
It's also known as "privatizing the profit while socializing the cost." nt Exp Apr 10 #14
US Forest Service? Bo Zarts Apr 10 #15
Maybe if they sweep them there won't be any fires Ruby the Liberal Apr 10 #21
That's the only way he knows how to do business. Martin68 Apr 10 #17
Well Chump's not even doing a good job at liquidating FakeNoose Apr 10 #24
War-criminal liquidator is doing a killing... Justice matters. Apr 10 #27
Oh sure, with all the grifting he's doing since the 2024 campaign, he's made a shit-ton of money FakeNoose Apr 10 #28
He's doing his best to change that MadameButterfly Apr 10 #33
He didn't learn how to manage his allowance MadameButterfly Apr 10 #34
Private Equity... GiqueCee Apr 10 #20
And then there's our public money subsidizing private schools Seinan Sensei Apr 10 #23
Very succinct, thank you. enigmania Apr 10 #25
They forgot to list all our public land and national parks nt blue_jay Apr 10 #26
It's all he's ever been, and it works beautifully for money laundering lindysalsagal Apr 10 #29
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