The Washington Times - November 18, 2008, 06:51AM

Jerry Yang, co-founder of Yahoo, is going to step down as the company’s CEO, the Wall Street Journal is reporting.

One of the key moments of his tenure was his refusal to allow Microsoft to buy the company.

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Investors’ responses ranged from “What? Are you kidding me?” to “Get a rope, boys. We’re going to a necktie party.”

So it’s probably good that he’s getting out now.