Scott Thompson

we're going to talk about Greece, Wal-Mart, J.P. Morgan, Avon, and finally Yahoo ! Stipp : Greece has been causing the market fits all week and even before this week, obviously. The big question is whether

really turn things around in the near term. Stipp : Lastly Jeremy, Scott Thompson checking out as CEO of Yahoo after some revelations on his resume. What's the story for Yahoo now? It just throws them into even more uncertainty? Glaser : Well, this certainly is a good lesson that if anyone thinks of padding their resume or maybe adding a degree that they don't have, it's probably not a good idea, because someone somewhere is going to figure that out, and it's going to cause some big problems for you. It really was really surprising how long the Yahoo board kind of dragged their feet on this--that they really were setting up some kind of investigative committees and said they were going to look into it, but they really were sticking behind Thompson for quite some time, and I think finally their patience just kind of ran out. I think they realized that their position just wasn't tenable, ... he wasn't going to be able to effectively lead the company--and that's really what they need: a very effective leader. Yahoo has been kind of adrift for quite some time. They've just been trying strategy-to-strategy. They have been trying to figure out ways to really unlock some of the value that they have. There are tons of people who are visiting Yahoo every day, but they haven't really been able to figure out recently how to turn that into growing earnings, or how to turn that into a company that's going to produce good results for shareholders. I think they're going to need to find a leader who is able to really turn that core ad business around and really compete effectively against behemoths like Google, and until that happens, I think there is going to be a lot of skepticism around Yahoo . Stipp : Well, Jeremy, you'll never find me checking out during The Friday Five. Thanks for joining me again this week. Glaser