Sometimes my view from the Bach Seat is just so right….
The BusinessInsider reports that former Apple (AAPL) CEO Steve Jobs told his biographer Walter Isaacson what really went on when the tech titans supped with President Barack Obama earlier this year.
While the tech titans were slated to discuss America’s economy and what could be done to create more jobs in the U.S. according to Mr. Isaacson, Google‘s (GOOG) Eric Schmidt, then Yahoo (YHOO) chief Carol Bartz, and Oracle‘s (ORCL) Larry Ellison and Cisco (CSCO) CEO John Chambers annoyed Obama. The business leaders seemed more concerned with boosting their own company instead of America’s economy. Mr.Isaacson focuses on Cisco’s Chambers as an example:
“Chambers, for example, pushed a proposal for a repatriation tax holiday that would allow major corporations to avoid tax payments on overseas profits if they brought them back to the United States for investment during a certain period. The President was annoyed, and so was Facebooks’s Mark Zuckerberg, who turned to Valerie Jarrett, sitting to his right, and whispered, “We should be talking about what’s important to the country. Why is he just talking about what’s good for him?”
rb-
I noted Cisco’s John Chambers’ editorial in the WSJ calling for a tax holiday last year.
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- Watch Jon Stewart Deconstruct Steve Jobs On The Daily Show (iphonesavior.com)
Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.