Sumner "Two Faced" Redstone

-YOSH Slapping all the other heads who have passed through Viacom in the past, old man Sumner Redstone, giddy due to the company's latest gain in profits, said that hiring stiffy Phil Dauman as the company's CEO was the best thing he and his board ever did. Of course Sumner, you have nothing but good things to say about your top execs as long as they are making you money. But like Time Warner CEO Dick Parsons said "Eventually Sumner fires everyone". The results from the media conglomerate, which owns MTV, Comedy Central and the Paramount and DreamWorks movie studios, beat Wall Street's expectations and sent its stock price up nearly 3 percent to $41.56 a share on the New York Stock Exchange. We can only imagine the not so nice things he is saying about CBS boss Les Moonves with that company's recent stock slide. Shares of its sister company, CBS Corp., which split from Viacom nearly two years ago, slipped 2 percent yesterday to $27.67, a day after it reported mixed quarterly results, including a 3 percent drop in revenue. VIACOM NET JUMPS 80% [NYP]