“It’s probably the case that for senior level executives, balance is no longer possible. This is very politically incorrect because we’re all supposed to have balance in our lives. I would love to have balance in my life, except that the world is a global stage. And when I’m sleeping, there’s a crisis in whatever country. I still have not figured out how not to sleep.”
— Google CEO Eric Schmidt, in an interview in The McKinsey Quarterly. Schmidt surely has more sleepless nights ahead. Today Google shares fell below $300 for the first time since October 2005. The stock was down $22 to $289–its third consecutive day of steep losses.
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