After a week of more reorgs a frustrated Yahoo emailed Fortune's Adam Lashinsky. At a thousand words or so, it's the sarcastic and vitriolic rant of a madman. It drove Lashinksky to ask: "Does Yahoo’s board have the slightest idea what’s up at Yahoo?" Read the best bits in just 100 words, below, and you'll know the answer: No.

Our new org chart shows absolutely no changes at the top. We can’t get our stock price anywhere near what Microsoft (MSFT) offered. The new reorg had one objective: personal power plays or internal politics. We lost a few executives after we announced the end of all discussions with Microsoft — a lack of confidence in our own prospects. We lose market share in search to Google (GOOG) every month and we lose market share in pageviews to social networks. As for the Google deal, nothing indicates a job well done better than outsourcing your own job to the competition. After all, it is not as if we had sold the entire search team to another company for a premium price.

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