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Fiorina: "She destroyed half the wealth of her investors yet still earned almost $100M'
Yahoo Finance ^ | 9/16/2015 | Julie Bort

Posted on 09/17/2015 12:52:50 PM PDT by BlackFemaleArmyColonel

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 finance.yahoo.com ...


TOPICS: Politics/Elections; US: California
KEYWORDS: 2016election; california; carly; carlyfiorina; election2016; fiorina; icarly
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To: yadent

She is one of the most unpopular CEO of Silicon Valley.

I still remember, how big this was
https://sethjhettena.wordpress.com/2010/08/24/carly-fiorina-and-the-hp-pretexting-scandal/

Carly Fiorina and the HP Pretexting Scandal


61 posted on 09/17/2015 2:01:50 PM PDT by jennychase
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To: jennychase
To gain sympathy, last minute she had medical emergency.

No fan of Carly Fiorina here, however that statement (a) isn't accurate, and (b) is completely false @ Fiorina.

There's enough factual data out there about her that IMO is damaging enough to her prospects. Throwing out statements like the above diminishes those facts, IMO.

62 posted on 09/17/2015 2:13:55 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: oldbrowser
IIRC the entire tech market took a beating. The bubble burst on Carly’s watch. CNBC and a Yale professor says it’s her fault.

Consider that during the same timeframe, Steve Jobs returned to Apple in 1997 and managed to turnaround a company weeks away from going belly up.

63 posted on 09/17/2015 2:15:02 PM PDT by Flick Lives (One should not attend even the end of the world without a good breakfast. -- Heinlein)
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To: yadent

I’ve got the feeling the MSM has given up on propping up Bush as the next GOP candidate to lose and have switched horses *ahem* to Fiorina.


64 posted on 09/17/2015 2:19:10 PM PDT by Flick Lives (One should not attend even the end of the world without a good breakfast. -- Heinlein)
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To: usconservative

dang, she sounds like a manchurian candidate planted by the commie dems. Actually, it worked on Petraeus, why not the American woman since hillary is toast (and a skank).


65 posted on 09/17/2015 2:25:37 PM PDT by huldah1776
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To: usconservative

I was at her Cupertino campaign office, when she blamed everyone and everything.


66 posted on 09/17/2015 2:28:09 PM PDT by jennychase
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To: BlackFemaleArmyCaptain

The Trump kool aid drinkers and the Fiorina haters are starting to wear me down. Need to stick to FR cooking threads.


67 posted on 09/17/2015 2:28:44 PM PDT by cornfedcowboy
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To: BlackFemaleArmyCaptain
She destroyed half the wealth..

It sounds like she would be equal to at least three of her predecessors, should she get elected president.

68 posted on 09/17/2015 2:28:49 PM PDT by LouAvul (Freedom without responsibility is anarchy.)
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To: jennychase

Former Carly Fiorina political staffers refuse to work for her again after they weren’t paid for YEARS (and she’s worth $120 million!)

Read more: http://www.dailymail.co.uk/news/article-3090947/Paid-late-ex-staffers-White-House-hopeful-Fiorina-wont-sign-again.html#ixzz3m2Amt26p
Follow us: @MailOnline on Twitter | DailyMail on Facebook


69 posted on 09/17/2015 2:31:39 PM PDT by jennychase
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To: McGruff

Eerily Pelosi-esque.


70 posted on 09/17/2015 2:37:36 PM PDT by ameribbean expat
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To: cornfedcowboy

http://politicalcorrection.org/factcheck/201005250003

Carly Fiorina Was For Bailouts Before She Was Against Them
May 25, 2010 2:55 pm ET


71 posted on 09/17/2015 2:37:52 PM PDT by jennychase
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To: Flick Lives
Steve Jobs returned to Apple in 1997 and managed to turnaround a company weeks away from going belly up.

The company was basically bankrupt. Bill Gates refinanced the company under Jobs and it was very successful. Jobs was a genius inventor, not a good manager.

72 posted on 09/17/2015 2:38:55 PM PDT by oldbrowser (The kangaroos have taken over the supreme court.)
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To: ObozoMustGo2012

#19 THAT would be a BIG crowd! At least 30,000 people just from HP would attend!


73 posted on 09/17/2015 3:18:11 PM PDT by minnesota_bound
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To: jennychase

No Meg sucks more.


74 posted on 09/17/2015 3:18:32 PM PDT by pas
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To: usconservative

Wondering if someone would get around to mentioning Lucent. Destroyed it and then moved to HP and almost destroyed it also.


75 posted on 09/17/2015 3:20:11 PM PDT by packrat35 (Pelosi is only on loan to the world from Satan. Hopefully he will soon want his baby killer back)
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To: BlackFemaleArmyCaptain

She’s got that reverse Midas touch.


76 posted on 09/17/2015 3:29:43 PM PDT by Lx (Do you like it? Do you like it, Scott? I call it, "Mr. & Mrs. Tenorman Chili.")
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To: pas

Meg really screwed up eBay and then moved on. It still is going on but it is nothing like it used to be. eBay acts like the sellers are working for eBay and stick us with all the risk and let the bidders get away with murder.


77 posted on 09/17/2015 3:29:44 PM PDT by packrat35 (Pelosi is only on loan to the world from Satan. Hopefully he will soon want his baby killer back)
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To: packrat35
I've mentioned both HP and Lucent (Bell Labs) on here many times.

I suspect the next time she goes off on Trump, he's going to respond with how many jobs he created and how many jobs and lives she's destroyed.

78 posted on 09/17/2015 4:15:46 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: BlackFemaleArmyCaptain

“Yale professor stands by his words. Carly is catching heat.”

Shouldn’t Sharia-compliant “Yale” be enough of a warning? I worked at Compaq when Carly managed to overcome the recalcitrant Hewlett or Packard (I forget which one) son on the board who did everything he could to undermine Carly. HP was an enormous mess then as was Compaq, which itself was trying unsuccessfully to digest Digital Equipment Corp, once the second largest computer company in the world. Carly orchestrated and managed the acquisition. Yes they called it a “merger” but that was sophistry.

Carly fought fearlessly to overcome the special interests, family being the most intent on getting her out so that power structures would remain unchanged. If you’ve worked for big companies you’ll know that organizational entities are a natural battleground. When product development and sales flag the local managers fight with every tool to survive. That is capitalism. Carly was a breath of fresh air, knowing that the fiefdoms sucking the life out of HP, as it had at DEC and Lucent, needed to be stirred to introduce competition. That is why our framers and founders intended “The People’s House” to be a temporary job, with Congressmen returning to their “real” careers after serving a term or two.

You think college professors, the world of tenure and protected infighting among the privileged who need produce nothing, is interested in or understands the necessary cacophony of relatively free markets? Carly is a s+++ disturber and we would do well to have a pair and accept that she does too, with very few candidates in her league. They are very good at steering through the minefield laid by other major party and partisans in the Republican party who see someone as a threat. For them their speeches are best analyzed by listening to what they avoid.

Compaq did know how build to PCs and after being absorbed, became the largest PC manufacturer in the industry. I’m amazed that HP has survived, but credit Carly with its relative health. HP had a cash cow in inkjet ink (the printers were and are mostly a loss leader). The HP son on the board wanted to make HP more of a printer company because printing revenue was largest then. Even looking at a decade of high tech shows the danger in betting the farm on PC’s. DEC’s founder once said PC’s were toys, and would never replace real computers. Carly prevented HP from betting the farm on the proposition that HP, in tony Palo Alto, would survive competing with Canon, Epson, Fujita, Ricoh, etc. etc. She understood that the diversity of HP’s portfolio kept options open. She saved HP, and I foolishly had bet money, my corporate stock options which the financially astute, salespeople, sold as soon as they were allowed, on that proposition. She saved me from my naiveté about the stock market.

Carly orchestrated the merger with Compaq, largely replacing the tired PC division at HP, a darling of the HP scion, who never worked a day in his life with P&L (profit and loss responsibility). If HP failed he remained a billionaire. She did it her way and recognized that her detractors would do everything to remove her. How different from most of the senior managers, some of whom I knew, and who quietly cheered her efforts but wouldn’t dare stand up to be counted in the boardroom or media. She is a fighter, reminding me a bit of Allen West. West was punished for acting impolitely to save his troops, firing a weapon to scare an enemy under interrogation resulting in the identification of IEDs that might have killed or maimed his men. She will challenge openly and has the strength to take the consequences. Her objective is not higher office but a flourishing enterprise.


79 posted on 09/17/2015 8:19:46 PM PDT by Spaulding
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To: Flick Lives

IMHO Fiorina has too much baggage. I mean if Barbara’Dumb as a Box of Rocks’ Boxer could destroy her, imagine what someone with some smarts and ruthless could do to her. If not Bush I believe they will push Rubio.


80 posted on 09/17/2015 9:41:15 PM PDT by yadent
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