Posted on 09/16/2015 2:56:29 PM PDT by RoosterRedux
Carly Fiorina is ready to take on Donald Trump, the front runner for the Republican nomination.
"I think Mr. Trump's going to be hearing quite a lot from me," said Fiorina in an interview with CNBC ahead of the second Republican debate.
"Donald Trump and I are in totally different businesses," said Fiorina. "He's in the entertainment business. And he's also in a privately held business. In the business I was in, we had to report our results publicly, as you well know, in excruciating detail, quarter after quarter after quarter."
She added, "If you file for bankruptcy four times, I think it suggests either lack of judgment or lack of discipline."
So far, no attacks on Trump have stuck. Maybe this one will stick. Maybe people will question Trump's business credentials.
But, Fiorina better be careful, because her biggest business achievement, CEO of Hewlett-Packard, is widely regarded as a disaster.
She's been frequently called out as one of the "worst" CEOs.
In an article about worst CEOs in USA Today in 2005, Yale business Professor Jeffrey Sonnenfeld said that Fiorina was "the worst because of her ruthless attack on the essence of this great company. ... She destroyed half the wealth of her investors and yet still earned almost $100 million in total payments for this destructive reign of terror."
(Excerpt) Read more at taftmidwaydriller.com ...
Wow, she’ll leave us with half?!
That’s a lot more than the Fascrats will leave us with!
Was there Nasdaq tech stock in 2001 that DIDN’T destroy about half of their investor wealth?
She destroyed HP. I can’t believe she’s still a factor in the presidential race.
The tech crash was about internet stocks with high share prices and no earnings.
That most certainly wasn't HP.
Since when do we take anything a college professor says serious anymore?
Her walk away pkg was 21 million...
She did a number on Lucent too when she wasn’t CEO.
After what she did at Lucent I was shocked that HP hired her. I wasn’t shocked when HP tanked afterwards...
HP is still around and low and behold they have enough employees to lay off another 25-30k.
“HP (HPQ, Tech30) announced plans on Tuesday to slash another 25,000 to 30,000 jobs, the latest dramatic downsizing at the once-iconic company.
The new job cuts are part of HP’s breakup into two separate publicly traded companies.”
I don’t think Carly was as bad as many of the “We don’t need no women” crew would have you think. What I’m sensing is a number of folks on FR who are lining up their excuses for sitting out another election. Well how did that turn out for you the last two times?
I lost $$$$ on my lucent stock...however....that won’t affect my decision whether to vote for her or not...it willnbe based on ideology
Her support of the global warming farce puts her at the bottom of my list. If not off altogether.
Like most stock crashes -- almost every stock crashed when the dot com bubble (propped up by smoke and mirrors during the Clinton sham economy) popped.
I'm not saying Carly was a good, or bad, CEO - I don't know. I didn't work at HP, nor followed them all that closely. She made a risky maneuver in merging with Compaq, and trying to reinvent HP - and it failed. I don't know if worse failure would have occurred if she had not tried the reinvention. My comments just have to do with the stock crash -- the dot com bubble struck most companies - particularly any company considered to be 'High Tech'.
Carly was apparently an awful CEO...completely unrelated to the tech bubble crash.
taftmidwaydriller.com/APTaft is OL country right here in California.
Well then tell us a bit about it.;-)
Although his Administration might not have had a direct influence (although their taking a blind eye to some pretty shady financial practices - helped), I was referring primarily to the Media cheer-leading for what was clearly a Potemkin economy. A 'New Economic model' based on the number of 'eye ball' hits on a website. The Media cheered it along, because their guy was in the White House. They would not have taken that stance with a Republican in the White House.
The Clinton Administration, though, had a lot to do with propping up the Enron fraud. Not related to the dot com bust - but an extension of some pretty shady accounting practices that were going on at the time.
Getting back to Carly -- you very well might be correct. The Lucent vets weren't too pleased with her performance either -- I just don't have enough information on the subject. They were tough times - and it would have been difficult for anyone to get HP through the rough waters. They had grown fat and happy living off of their high margin instrument business, and competition was in the midst of killing their fat cash cows. That said, a CEO is judged based on winning and losing - and she lost.
I saw the internet bubble coming because valuations were not driven by earnings. I am still unsure about the metrics that drive Amazon (who has little earnings, but is consuming market share by the billions).
I no longer invest in companies. I invest in market sector ETF's (IBB and QQQ).
Don't take my word for it...do you own analysis.
I am getting about 30% growth a year in my tiny portfolio.
It won't be tiny for long.
And I don't believe DC has any idea about investing or Wall St.
In fact, after having spent much time on Wall St, I am not sure Wall St gets Wall St.
I make my living, such as it is, on Wall St.
Common sense is the answer. But be careful about greed and ambition...they are always knocking at the door and promising more than they can deliver.
Serious investors do not listen to the media.
My family made a massive amount in the internet run up and then sold before the crash.
This crash/bubble was easy to spot.
It didn't even try to hide.
We rode it up..and then got out before it crashed.
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