Posted on 09/18/2015 9:26:59 PM PDT by Freedom of Speech Wins
Multimillionaire Carly Fiorina Took 4 Years to Pay Staffers From Her Last Campaign
Why was this wealthy GOP presidential candidate a deadbeat?
—By Sam Brodey | Tue May 12, 2015 10:37 AM EDT
Carly Fiorina, the Republican presidential candidate and former Hewlett-Packard CEO, is marketing herself as a pragmatic, fiscally responsible businesswoman—the only GOP candidate who knows, as she says, "how the economy actually works." Yet during her unsuccessful US Senate bid in 2010, her opponents slammed her record at HP. When she led the firm, it laid off 18,000 workers, and its stock declined by 41 percent. Eventually, she was forced out of the company but departed with a $21 million golden parachute. Now she may need to answer for another managerial blunder. For more than four years, she was a deadbeat and didn't pay the bills she owed for her Senate campaign. She only settled these outstanding debts just before she jumped into the 2016 race.
(Excerpt) Read more at motherjones.com ...
So much for the Carly Surge.
Send article to Drudge. It’s the best way to get this info to the talk show hosts and others.
Isn’t there places still waiting for Hillary and Obama to pay from 2008?
Well, they got paid and they were in a political campaign, vesting themselves in a candidate before being paid.
That’s how they go...
I’m curious. If this was about Trump it would be denounced as a, “hit piece.” Why isn’t it a, “hit piece,” about someone else?
Here’s a more *reputable* source, for the same story (you may catch flak for posting MJ ;)
Fiorina pays up
The revelation that Carly Fiorina took four years to pay off twelve workers from her 2010 Senate campaign is one of those small nonpolitical icebergs that sink large political careers.
It seems that Fiorina owed substantial money (over $500,000 in total) to various critical members of her campaign, including campaign manager Martin Wilson and legal advisor Ben Ginsberg. Fiorina got around to paying her staff off four years after the campaign ended, and only weeks before she announced for the 2016 presidential campaign.
A number of the people stiffed by Fiorina are stating publicly that they would never work for a new campaign.
To put things into perspective, Hillary Clinton managed to have her staff paid off within a year of the close of her 2008 presidential campaign. Correction via Politico:
Hillary Clinton Took “More Than Four Years” To Pay Off The Campaign Debt From Her Failed 2008 Presidential Bid. “More than four years after Hillary Clinton lost the Democratic nomination for president, Clinton’s 2008 presidential campaign is finally debt-free, new reports filed by the campaign show. Clinton’s campaign committee paid off about $25 million in debt and now has a surplus of $204,832. The campaign retired its debt just as Clinton is preparing to step down from her job as secretary of state. Clinton supporters are pushing her to run for the presidency again in 2016.” (Tarni Parti, “Hillary Clinton 2008 Campaign Now Debt-Free,” Politico 01/22/13
What makes it worse for Fiorina is the fact that this builds on her reputation for coldhearted business practice. The layoff of thousands from Hewlett-Packard during her tenure may well have been unavoidable, but coupled with this story, it begins to paint a portrait of the Robber Baroness Unbound.
This line worked very well against Mitt Romney in 2012, with far less in the way of evidence. The GOP cannot afford a repeat performance next year. Unless Carly has a good answer forthcoming – and quickly – this may well be seen as the moment when the Fiorina campaign started going under.
http://www.americanthinker.com/blog/2015/05/fiorina_pays_up.html
ping
Tweet the Trump? :)
I’m done with her. She’s a warmongering NeoCon.
Certain will ignore this...
She doesn’t care about anyone else putting food on the table. Just make sure she has plenty of hay in the trough !
The total figure reported yesterday, including stocks, was $42 million. That she didn’t pay her bills for four years would be inexcusable.
Not that I necessarily disagree with your point though.
Aaargh ! That face!
MSM are doing a fast 180° on Fiorina for some reason.
That was a quick fall from grace.
Only Mother Jones could pretend to be so naive. What generally happens in campaigns, even victorious ones, is slow pay to vendors and staff. In many cases it is no pay. Former Sen. John Glenn had debt from his 1984 presidential primary effort outstanding when he left the Senate. If may still be outstanding today. Staffers take jobs with campaigns in the hope of an appointment after a victory. They live on credit cards and cold pizza during the campaign, but are fully aware of the gamble they are taking.
Campaigns are typically incorporated, the debts are not the legal obligation of the candidate. Everyone who works for or serves as a vendor to a campaign knows this.
The only campaign I participated in that had real money in it was FL Governor Rick Scott’s 2014 reelection victory over Charlie Christ. Scott and his wife tossed $13M into the total campaign budget of ~$65M. The operation was unusually heavy with paid staff and had relatively de volunteers.
Go ahead and take your shots at Fiorina, if you like, but don’t forget that long trailing campaign debts are the well understood rule and not the exception.
Heh heh, looks like “The Donald” has some newspaper people on the payroll.
If its true then its not a hit piece is it.
If it’s not true then it is a hit piece....
The Carly’s Free Arena Show will only have a few episodes until they cancel the series for the season.
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.