Lucent and all the landline, long distance phone businesses of the early 2000s cratered, regardless of who was running them.
Name one that turned around.
Unless the CEO used what little assets were left to get into another wildly successful enterprise.
Yahoo did this with Alibaba. Yahoo is a dying business. They do nothing uniquely well. But they did invest in Alibaba and survived.
Steve Jobs was a unique superstar. He could reinvent a company. Larry Elison was good keeping Oracle alive, by acquiring other companies, but the enterprise software market will never go away, like wired long distance phone companies did.
Fio-RINO booked revenue illegally at Lucent. Just like Enron.
Lucent wasn’t/isn’t a wired long distance company. Neither is HP.
Someone please tell me what Fiorina did or was so good at that AT&T promoted her, gave her Lucent to run and paid her ridiculous amounts of money to do it. Or was she simply the beneficiary of the EEOC/Affirmative Action policies of AT&T?