Just ask LinkedIn or Yahoo if it was a good idea to put some ignorant fool in charge of the system that stored passwords. Aside: I'm sure that person is worth more now because they won't make such mistakes (again)!
Rant: Looking towards the future I want to know which ignorant fools are in charge of Microsoft's Active Directory product that is currently shipping with the same damned ignorant mistake (no salt). I mean, seriously guys: How can you allow the product to continue with such a blatant disregard for basic security?!
Microsoft is going to be the next LinkedIn if they don't fix it.