Keyword: hp
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A new report calls into question Carly Fiorina's business practices while CEO of Hewlett-Packard. When Republican presidential candidate Carly Fiorina was at the helm of Hewlett-Packard, she oversaw HP's lobbying of the U.S. government for a temporary tax holiday on corporate profits so it could use the money to create new jobs. Much of that money, however, was used to buy back HP stock while then-CEO Fiorina fired 14,500 employees, according to a new report from The Daily Beast. HP was at the forefront of the lobbying effort for the Homeland Investment Act of 2004, a law designed to generate...
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Some who know Fiorina’s business background believe her ascension to the White House would be ruinous for the nation. One candidate has seen her fortunes rise following a stand-out debate performance last week: Carly Fiorina. The former corporate leader shot up from well back in the polls to second place in the pack, with 15 percent support, while Trump’s lead fell from 32 to 24 percent. However, some who know Fiorina’s business background believe her ascension to the White House would be ruinous for the nation. During last week’s CNN debate, her time as Hewlett-Packard CEO came under scrutiny. Moderator...
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Republican presidential candidate and former Hewlett-Packard CEO Carly Fiorina told an Iowa radio host Tuesday that saying that she should have known and done something about a European subsidiary of Hewlett-Packard making sales to Iran was like saying the same about the host “if one of your listeners does something wrong out there in your name.” “We sell products to a customer,” Fiorina said to Iowa radio host Simon Conway. “And that customer was then doing business with another company. Both of those customers were doing something wrong. It would be a little bit like saying if one of your...
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Until her surge in the polls and a critically acclaimed performance in the most recent debate, Republican presidential candidate Carly Fiorina had limited trouble selling her tenure as CEO of Hewlett-Packard as the foundation of her case to occupy the Oval Office. -snip- It was Fiorina’s failed leadership that brought her company down. After an unsuccessful attempt to catch up to IBM’s growth in IT services by buying PricewaterhouseCooper’s consulting business (PwC, ironically, ended up going to IBM instead), she abruptly abandoned the strategic goal of expanding IT services and consulting and moved into heavy metal. At a time that...
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As Carly Fiorina gains increased media attention and ramps up her presidential campaign after her strong performance in the second Republican debate last week, she may still be struggling to overcome the obstacles that led to her defeat the only previous time she sought elected office. While Fiorina has billed herself as an "outsider" candidate, she does have political experience -- she just wasn’t successful. Her 2010 campaign to unseat U.S. Sen. Barbara Boxer in California saw fierce campaigning (she’s often remembered for the “demon sheep” ad) and pressure on Fiorina to defend her business record before the former Hewlett-Packard...
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On a recent swing through Iowa, Carly Fiorina kept a rigorous campaign schedule. At six campaign stops over the course of two days and 300 miles, Fiorina spoke in front of Republican crowds at three colleges, an ice cream parlor, a vineyard, and an outdoor tiki bar. And at each event, staffers working for a super PAC that supports Fiorina’s candidacy were one step ahead of the campaign. Traditionally, a political campaign will have dedicated staffers on the ground to “advance” the candidate, arriving at an event space before the candidate shows up, making sure the room is decorated with...
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The emergence of super PACs and their ability to raise and spend unlimited amounts of money on political campaigns has raised legal questions as to how campaigns and candidates are allowed to communicate or coordinate with them since the Citizens United decision in 2010. In the past six years, those limits have been tested in various ways. But in the current presidential campaign, the lines are being blurred even more and no candidate is testing the legal limits more visibly or blatantly than Carly Fiorina, whose performance in Wednesday night's Republican debate has thrust her candidacy into the spotlight. -snip-...
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As CEO, she lobbied for a tax holiday on corporate profits to create jobs. Instead, the money was used to buy back stock while HP fired 14,500 workers. Had Donald Trump been talking about Carly Fiorina’s essence rather than her appearance, he might have had a point. Not that it should matter one way or the other, Fiorina has an altogether pleasant physical presence, markedly more so than does Trump. But a blind person could see that Fiorina was the very face of corporate greed and income inequality during her five-year tenure as CEO of Hewlett-Packard. Take, for example, the...
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Carly Fiorina made several false, misleading and unsubstantiated claims in responding to questions about Hewlett-Packard’s involvement with a foreign subsidiary that sold products in Iran. The former HP CEO claimed that a Securities and Exchange Commission investigation “proved that neither I nor anyone else in management knew about” a Hewlett-Packard subsidiary doing business in Iran. We have found no such ruling from the SEC, nor could Fiorina’s campaign provide one. She also claimed that the company that actually sold HP products in Iran was “not honest” with HP about its dealings. But that company said in a 2003 press release...
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Color Ken Lay a ''wannabe wizard.'' That's a species of leader notched between the ''harmful wizard'' and the ''authentic wizard'' among kinds of leaders classified in Lee G. Bolman and Terrence E. Deal's intriguing new book, The Wizard and the Warrior. The authors also put former Hewlett-Packard Chief Executive Carly Fiorina in that category. ''Unlike authentic wizards, whose magic breathes spirit and soul into an enterprise, wannabe wizards have great intentions but limited ability to create a meaningful organization or transform one in trouble,'' the authors say. -snip- Where Lay was too hands-off, Fiorina appears to have been too hands-on,...
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Carly Fiorina’s campaign is defending her record as the CEO of Hewlett-Packard. In a post published on Medium, Fiorina’s Deputy Campaign Manager Sarah Isgur Flores took on criticism about the candidate, pushing back on recent reports characterizing the retired tech executive's tenure as a failure. “There’s a lot of armchair CEO’ing going on around here. And some folks seem to have taken the ‘Invent’ motto to mean they get to invent their own facts,” Isgur Flores writes, referring to the HP motto during Fiorina’s tenure. Fiorina was fired in 2005. Isgur Flores then goes on to list 10 things she...
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HP's plan to shift workers off its payroll and have them work as contract workers for a partner named Ciber isn't going exactly as planned, multiple sources have told Business Insider. HP didn't actually follow through with its threat to fire all of the employees if they refused the new job offer. A few of the employees who refused the new offer are now being asked to stay on at HP as if no layoff ultimatum ever happened. To recap: HP told several hundred employees in its Enterprise Services division, HP's consulting unit, that HP had lined up a new...
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Carly Fiorina said on The Tonight Show that her track record at HP included improving market share. But that’s not true. Carly Fiorina’s latest defense of her track record at Hewlett Packard doesn’t quite add up. Monday night, on The Tonight Show with Jimmy Fallon, the GOP Presidential hopeful stepped up her effort to paint her time at the top of one of the nation’s largest technology companies as a success. Fallon remarked that her rise from a secretary at a small real estate company to the head of HP HPQ -2.42% was remarkable, but he also mentioned critics who...
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. https://www.youtube.com/watch?v=tkEkLY6OWI8 https://www.youtube.com/watch?v=q2uPfStsYIs https://www.youtube.com/watch?v=nBTpbwtEMMk ===================================== Carly Fiorina presided over HP when they violated Iran sanctions https://www.youtube.com/watch?v=Ky7zfZiYxuY ===================================== Carly Fiorina loves Outsourcing American jobs https://www.youtube.com/watch?v=A2lDIHyqo7Q ===================================== Carly Fiorina lays-off 30,000 at HP https://www.youtube.com/watch?v=9lg61qIpstY ===================================== Carly Fiorina Sugarcoats Disastrous Tenure At HP https://www.youtube.com/watch?v=DHbb_9-UuBM ===================================== .
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I want to say something about Carly Fiorina right at the outset: I don’t care if she was a brilliant or awful CEO of Hewlett-Packard. I don’t care if her firing was justified or the work of mean old men. I don’t care if she increased cash flow and doubled revenues or whether those are misleading indicators — which, as it happens, they are. What matters most is that being a CEO has nothing to do with being President. -snip- But all she had going for her is that she was once the CEO of Hewlett-Packard. During her tenure, the...
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The woman who fended off Carly Fiorina to retain her Senate seat in 2010 says when America learns more about Fiorina's business record and "mean" spirit, she will no longer be riding high in the polls. As Fiorina soars in recent surveys for the Republican presidential nomination on the back of two strong debate performances, the race between the former Hewlett-Packard CEO and California Sen. Barbara Boxer is coming back into the spotlight. -snip- "When you examine her record and the fact that she shipped 30,000 jobs overseas and forced those beautiful employees to even train their foreign replacements, when...
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A former CEO gets taken to the woodshed for job cuts—and loses an election. Sound familiar? Carly Fiorina has a Mitt Romney problem. Fiorina, like Romney, is a wealthy former CEO from an affluent Republican family. Like Romney, she entered the Republican presidential contest assuming that her record running a large company would be one of her greatest assets. But she may be about to learn that her opponents have little trouble turning that record into her greatest liability. Like Romney’s tenure at Bain Capital, the private equity firm at which he oversaw the dismantling of numerous companies purchased by...
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As Carly Fiorina has risen in the polls over the last week, there is renewed focus on her controversial tenure as chief executive of Hewlett-Packard. Yet her career at Lucent Technologies has been treated as little more than a footnote. It shouldn’t be. “My story — from secretary to C.E.O. — is only possible in this country,” Mrs. Fiorina likes to say on the hustings. In between her stint as a receptionist for a real estate company in the late 1970s and her being named Hewlett-Packard’s chief executive in 1999, Mrs. Fiorina worked for nearly 20 years at AT&T and...
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Republican presidential candidate and former Hewlett-Packard CEO Carly Fiorina — a vocal critic of lifting economic sanctions on Iran as part of the nuclear deal — delivered a paid speech to French bank BP Paribas in June of last year, six days after the Wall Street Journal reported the bank was the subject of a federal criminal probe for flouting U.S. economic sanctions on Iran. According to a June 2015 financial disclosure, Fiorina was paid $48,000 for the speech on June 3, 2014. The Wall Street Journal’s report, last updated on May 29, 2014, said that U.S. authorities were pressuring...
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Carly Fiorina publicly claimed on Sunday that neither she nor Hewlett-Packard should be faulted for the sales of millions of HP printers in Iran when such business was prohibited by U.S. law. While making an appearance on Fox’s Fox News Sunday, Fiorina said that despite being the CEO of HP when the Iranian sales took place via a third party, she was unaware. “First, HP, you need to remember, was larger than each of the 50 states,” Fiorina said, per a Bloomberg Politics report. “It’s a larger budget than any one of our 50 states, and a global enterprise. And...
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