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In 2000, Top Execs Lost Billions, Got Axed, Pulled Golden Rip Cord.(A)(PEOPLE-YE)

Investor's Business Daily

| January 02, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

By The Associated Press

If some of the world's biggest business newsmakers learned anything in 2000, itwas this: Count your blessings, keep your eyes wide open and hope the (golden)parachute opens before you slam headfirst into the ground.

So many of business' big names made news not because of their successes, but because of their failures and the determination by shareholders and board members to show them the door, politely or not.

From J

ill Barad at Mattel Co. to Masatoshi Ono at Bridgestone/Firestone, chief executives found they're often the first sacrifice on the sacred altar of profit.

A look at some of 2000's prominent business people:

Elevator Going Down

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