When it comes to "tough-as-nails," few CEOs can hold a candle to Herbert Lanese, chief executive of DynCorp International. Just over a decade ago in 1996, Lanese, then 52, presided over the McDonnell Douglass aerospace unit. At the time, the machinist union walked out on strike because the company was contemplating outsourcing.
According to press reports at the time, Lanese put it bluntly to the machinists. Lanese said, "You have to look at them like I do, as your mortal enemy. I wish they were dead. I wish their children would starve to death. I wish they would lose their houses."
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Given the shadow of unrest and terror spreading globally, many are now making the argument that firms like DynCorp are no longer subject to "guns or butter" cyclicality, but are long term global growth businesses. This should give investors mixed feelings--because as DynCorp prospers, it's likely the world is becoming a more dangerous place to live.
http://www.forbes.com/finance/2007/10/01/dyncorp-blackwater-iraq-pf-ii-in_jl1001companies_inl.htmlAnd we pay this guy a lot of money to hold a gun, hell, lots of guns.