Free Republic

Excerpts - With Hewlett-Packard Chairwoman Patricia Dunn's status in jeopardy for seeking phone records, possibly illegally, in search of leaks, the HP board is in an uproar ~ snip ~ On one side are Dunn and two staunch supporters: Verizon (VZ) Vice-Chairman Lawrence Babbio and former Medtronic (MDT) Chief Financial Officer Rob Ryan. Dunn and her supporters are focused on the need for rock-solid business processes and clear adherence to good governance policies—whether for financial reporting or complying with regulations such as Sarbanes Oxley. "I personally believe Patricia Dunn worked her butt off in the interest of HP," says one...

Excerpt - Newsweek is reporting that HP has called an emergency board meeting. [Link] Read the reports on this fiasco whereby Chairwoman Patricia “Patty” Dunn is at the center of a spy case whereby reporters phone records were illegally obtained resulting in all sorts of legal and SEC violations and the sudden resignation of Tom Perkins as well as other issues. There is no way — after a corporate witch hunt that results in spying that targets a New York Times reporter, Fortune Magazine reporter, CNET reporters and others — that this woman stays in office. ~ snip ~