Posted on 09/23/2015 3:37:23 PM PDT by conservativejoy
Some who know Fiorina’s business background believe her ascension to the White House would be ruinous for the nation.
One candidate has seen her fortunes rise following a stand-out debate performance last week: Carly Fiorina. The former corporate leader shot up from well back in the polls to second place in the pack, with 15 percent support, while Trump’s lead fell from 32 to 24 percent. However, some who know Fiorina’s business background believe her ascension to the White House would be ruinous for the nation.
During last week’s CNN debate, her time as Hewlett-Packard CEO came under scrutiny. Moderator Jake Tapper asked her to explain why voters should choose her if her time at the helm resulted in tens of thousands of workers being laid off, and ended in her being summarily fired (by a unanimous vote of the board). He also quoted Trump, saying: “she ran the company into the ground.”
Fiorina pointed to the difficult economic times through which she led the company, including the bursting of the tech bubble in the market. She blamed the board for her firing, saying it was “dysfunctional.”
Tapper brought Trump into the debate, who cited Yale Business School’s Associate Dean Jeffrey Sonnenfeld as proof that what he charged about Fiorina’s business record is true. “The company is a disaster and continues to be a disaster,” Trump said.
Sonnenfeld ranked Fiorina as one of the top 20 worst CEO’s in the history of business. Meanwhile, Trump has overseen for decades one of the most successful real estate development companies in the nation, while amassing a personal fortune of over $10 billion. Among his other cutting edge practices was accepting gold for payment of a New York City property, when the dollar went through a particularly volatile time a few years ago.
The billionaire candidate’s conclusion about Fiorina: “She can’t run any of my companies. That I can tell you.”
Among the facts Sonnenfeld points to in reaching his view of the former HP CEO are:
In the five years that Fiorina was at Hewlett-Packard [1999-2005], the company lost over half its value. It’s true that many tech companies had trouble during this period of the Internet bubble collapse, some falling in value as much as 27 percent; but HP under Fiorina fell 55 percent. During those years, stocks in companies like Apple and Dell rose [significantly]. Google went public, and Facebook was launched. The S&P 500 yardstick on major U.S. firms showed only a 7 percent drop. Plenty good was happening in U.S. industry and in technology.
Fortune reported that on the day she was fired, HP’s stock value of the company shot up 7 percent, or $3 billion.
Fortune’s editor-at-large, Geoff Colvin, wrote a piece on Monday titled, “Carly Fiorina’s Disastrous Record As HP’s CEO.” In it, he argued that if the candidate is pointing to her business background as the reason she is qualified to be president, the case is weak indeed.
Sonnenfeld posited that if Fiorina is right about her record at HP, and everyone else is wrong: “Why in 10 years has she never been offered another public company to run?”
As presidential candidates with vastly different economic visions for the United States (and vastly different levels of experience) vie for leadership, the next 14 months leading to November 2016 promise to be a wild ride for the nation and economy. And depending on who is elected – whether it’s Fiorina or Hillary or Trump or anyone else – could the four years following be as well?
Fiorina was to Hewlett-Packard what Howard Stringer was to Sony. Both fashion/style icons who reduced their company’s stock value by half.
Snarly Carly’s best bet is to move over to the Dems side and take over shill’s place.....
I must have missed the 7 words. But Yeah, Carly was a complete and utter failure at HP and to run on her record there to become leader of the free world is mystifying.
She is the token woman, much like Carson is the token black.
The irony is that she’s already given the US a preview - by accelerating the use of guest worker fraud.
Carley is a courageous fighter for the pro-life movement and deserves our full support.
“Yeah, but, she destroyed HP with the lame purchase of Compaq.” Dude. She is a fighter for the pro-life movement. We are tired of passing around photocopies and need a tough national candidate like Carley. Let her run as far as possible and may the best candidate win.
What!?
No.
Shut up.
Best way to get rid of Planned Parenthood would be have her run it.
“She can’t run any of my companies.”
-—“She can’t run any of my companies. That I can tell you.”-—
Ohhhh....that hurts! I strongly suggest that Cara hang it up before she gets really embarrassed in from of the whole country.
Cara and Megyn can then go on some ‘girls vacation’ together and cry in their beer, so to speak.
"She ran the company into the ground"
Maybe, maybe not. There may be a personal vendetta involved.
Fiorina's campaign is putting out all kinds of stuff about Sonnenfeld.
I've got no idea if any of it is valid and sticks to him.
What happened to not bashing Republicans. We saw that in 2012 and it was a disaster and the Democrats won. Looks like they are continuing the trend.
Second paragraph of the excerpt.
Why the hell would she want to? It would be like going from playing for the Dodgers to playing in the church rec league.
What really disturbed me about Carly in the debate was her trying to grab sympathy for having “buried a child to drug addiction.”
This is a gross deception. The “child” was Lori Fiorino, her step-daughter. The girl lived full-time with her mother after her parents divorce when she was ten. I’m sure Carly did forge a relationship with her step-daughter, but she did NOT raise the girl.
Second, the step-daughter died when she was 34 or 35 from alcohol and prescription drug abuse. Of course, it was a tragedy, but that was not the impression Carly was creating.
Carly’s claim that she “buried a child to drug addiction” creates the false impression that her own child died from illegal drugs in high school or college. This was a blatant attempt at manipulation with misleading statements. I cannot respect her for taking us for fools.
A more accurate claim would be “I buried my stepchild, my husband Frank’s daughter, to drug addiction, when she was in her thirties.”
But that would not have had the effect she wanted. She really showed a lack of respect for both Lori and her bio-mother.
http://www.nationalenquirer.com/real-life/homewrecker-carly-fiorina-lied-about-druggie-daughter
http://skewednews.net/index.php/2015/09/19/carly-fiorinas-sleazy-revealing-lie-dead-daughter/
Lmao!!! Well dang, you may just be on to something... :)
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