The debacles continue to mount at Yahoo. After ousting Scott Thompson from CEO, the search begins for the next CEO of the once-mighty web portal and search engine. There are those who would recommend a safe play, someone who won’t make waves and who has a squeaky-clean history (that gets completely verified, of course). This would be a bad move. They already tried that with Thompson. They’re on their last leg to remain relevant as the weight of their sheer size is starting to weigh on a foundation built from poor decisions and bad business practices over the last few years. They made an awful decision…

To most, it was a matter of when. The “if” possibilities were sealed when word broke that former Yahoo CEO Scott Thompson had incorrect information on educational history. Now, we wait to see the flurry of “resume padding” memes pop up in the underbelly of the internet. In a press release, Yahoo announced that Fred Amorosa well become chairman of the board and Ross Levinsohn would be the interim CEO. Here’s the release: SUNNYVALE, Calif. — Yahoo! Inc. (NASDAQ: YHOO) today announced that the Board of Directors has named Fred Amoroso as Chairman of the Board of Directors and Ross Levinsohn as interim…