Penn thoughts from one major agency CEO (obviously biased, based on competitive reasons):
The Penn fall from grace has been amazing. Talk about a quick trip from the penthouse to the doghouse. The untold story is how this was a big gamble by WPP to get a two-for-one: a CEO who was wired to the most powerful office in the world. Now they may have neither...a CEO, nor a connection. You've got to admire them for their guts and ability to gamble on a guy like Penn.