Do-nothing Yahoo board finally does something!

Carol Bartz fired as Yahoo chief executive, according to reports

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More like a sense of panic and doom.

Yahoo for some time has been an undefined, under-performing mess. Maybe it's at a point where no one can turn it around. And while that's debatable, one thing is beyond debate: Carol Bartz wasn't able to do it.

Now Yahoo's board is back where it was in 2008, when it sought to replace ineffective CEO Jerry Yang. For the sake of employees and shareholders, let's hope the board does a better job this time around.

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