Posted on 10/04/2006 5:17:47 PM PDT by HAL9000
SAN FRANCISCO (MarketWatch) - A California court issued arrest warrants Wednesday for former Hewlett-Packard Co. Chairwoman Patricia Dunn, former senior counsel Kevin Hunsaker and three private investigators tied to the technology giant's pretexting scandal after they were charged with felonies in connection with the H-P boardroom leak scandal. The five are charged with fraudulent wire communications, wrongful use of computer data, identity theft and conspiracy. ~ snip ~
(Excerpt) Read more at us.rd.yahoo.com ...
Wow
I wonder if Carly Fiorina initiated the investigation during her last months on the job. Dunn was working for her at the time, I believe. This could get pretty interesting.
They should have hired Bruce Lindsey....
This case seems like a lot to do about nothing. But the politicians gotta get their names in the paper.
It's interesting already - the biggest soap opera in American corporations, in progress.
I listened to Dunn at hearings. She couldn't remember much, at all.
Very conveniently couldn't remember.
Corporate governance has changed. It is now assumed that professional board member-college professor types are preferable to full-time employed inside officers.
It used to be over half of a board was insiders. Now only a couple of board members are corporate officers.
So it used to be most board members looked each other in the eyes, most every day.
Now the board members get together for a ceremony once a month or less. Not surprising they feel the need to play press leak games, etc.
Listening to Dunn at the hearing, she failed to impress me. Bigtime failed to impress me.
I watched the hearings too. If Dunn truly thought that everyone's private telephone records are legally available to her, she was too dumb to be the chairwoman of the 11th largest U.S. corporation.
Ex-HP Chairman Dunn To Start Cancer Treatment
By Reuters
InformationWeek
Oct 4, 2006 07:05 PM
LOS ANGELES - Former Hewlett-Packard Co. chairman Patricia Dunn, who left the computer maker last month over a board leak investigation scandal, will begin treatment this week for recurrent ovarian cancer, a person close to Dunn said Wednesday.
Dunn was told by her doctor Tuesday that a biopsy had determined that she had a malignancy, said the person, who asked for anonymity.
She will begin a six-month treatment program for advanced ovarian cancer at the University of California, San Francisco Medical Center, Friday, the person said.
Last week Dunn testified at a U.S. House subcommittee hearing over HP's probe of boardroom leaks. Lawmakers scolded her and other company officials for allowing investigators to pose as board members, employees and journalists to get private phone records.
Dunn, 53, was at the head of HP's probe to identify the source of boardroom leaks and resigned from the computer maker ahead of the congressional hearing. She told the hearing she did not take personal responsibility for what happened.
"She told the hearing she did not take personal responsibility for what happened."
When I was in business school, I learned you could delegate authority, but you could not delegate (away) responsibility.
Not so in this day and age, of Enrons and various versions of management and governance.
Well at least the women have broken through another corporate glass ceiling! Alleged corruption and incompetence at the highest levels.
So the stock is up. Not to wish ill on others but I have other stock not doing as well.
And also Washington rainmaker types, such as Vernon Jordan. I call them tolkachi, or "fixers."
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.