Gary Forsee-Ya Later

[qi:026] In the third quarter of 2007, Reston, VA-based Sprint Nextel (S) announced that it will lose approximately 337,000 subscribers. Make that 337,001, the last minute addition being Gary Forsee, the CEO was has taken the fall for all that has been plaguing the third largest US mobile company. Of course when you get paid $21.6 million a year, well getting the boot comes with the gig.

Wall Street has been baying for blood for a while now, thanks to mounting subscriber losses. Yup, that’s right, the very same Street that rejoiced over Forsee’s appointment as the savior of Sprint. The same Street that threw a party to celebrate the ill-fated coupling on Sprint Nextel.

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