Groupon - missed classes on common sense

Market Day - Groupon's 'beer summit' maybe wasn't such a good idea: "At a town hall meeting attended via webcast by the Wall Street Journal, Mason talked about "not taking stupid risks" and emphasized "quality and control." Those are words that investors, rattled by the daily deal company's fourth quarter earnings restatement, would have been glad to hear, if it hadn't been accompanied by a less-reassuring statement: "Sorry, too much beer."
On Thursday, Groupon spokeswoman Julie Mossler defended the CEO and his choice of beverage. "I've never seen Andrew drunk," she told msnbc.com. "It's a really relaxed environment… It's not like him drinking a beer or not drinking a beer sends a particular message." "

'via Blog this'