http://www.businessinsider.com/ignore-jerry-yahoos-board-is-open-to-dramatic-changes-2011-9

According to the media rumors, Jerry Yang is resistant to selling off Yahoo for two reasons:
 

• “Yahoo management wants to keep panic out of the herd. The top feels the rank and file will flee if it has to go through another Carol Bartz-like reset.”
• “Jerry himself is very resistant to change, and would probably prefer to keep Yahoo independent. Remember, he's the one who turned down Microsoft's $40 billion a couple years ago.”

In my opinion, maybe, Roy Bostock needs to fire himself.

If you are going to change the company, which is spinning out of control then you need to change the head of the organization, which means Bostock needs to go.

The reality is that this company is neither a technology company or media company.  Yahoo looks like and acts like a company that is clueless.  Whose fault is it?  The standard way of dealing with a company that is coming to Earth at the speed of a meteor is make a rapid change in course by changing out the top executive.  Firing Carol Bartz wasa first step but the guy who hired her should be fired as well.

Bostock had a role in the decision so let us face facts, he is part of the problem.  His decision, his fault.

As for Jerry Yang, he is just one vote on the board.  If the board allows him to sway the board then the company will deserve whatever happens to it, including a bankruptcy.  This is the guy who without reason blew off a $40 B offer from Microsoft when all he had to back his words were hubris rather than substance.

Should Yahoo find a buyer?  The answer is Yes.  The Board of Directors has an obligation to seek out as many ways as possible to increase shareholder value.  To date, the company’s efforts have failed.  This is not about the egos of the executive team or board members. The board and the executives work for the shareholders and they need to remember that.