Read the full story here Web Link posted Friday, August 13, 2010, 12:00 AM
Town Square
HP stock tumbles after CEO scandal
Original post made on Aug 12, 2010
Read the full story here Web Link posted Friday, August 13, 2010, 12:00 AM
Comments (7)
a resident of College Terrace
on Aug 12, 2010 at 11:08 pm
Larry Ellison knowns that those sexual harassment lawsuits are easy enough to beat when you have a top-of-the-line legal team and an unlimited defense budget.
a resident of Meadow Park
on Aug 13, 2010 at 5:41 am
Wow...I guess now is the time to buy!
wish I had some cash...
a resident of Palo Alto Hills
on Aug 13, 2010 at 8:48 am
Ellison is right, they should have kept Hurd, sensored him, and allow
him to lead HP to a bigger & more profitable company. Now HP, shareholders, employees have to follow the "other leaders"..
a resident of Midtown
on Aug 13, 2010 at 10:28 am
HPQ is not alone
Cisco stock plunges 10 percent after CEO sees 'unusual uncertainty'
When Cisco Systems CEO John Chambers speaks, Wall Street listens. And when Chambers becomes cautious about the economic recovery, investors react -- as they did Thursday, causing Cisco's stock to plunge by nearly 10 percent.Web Link
The reality is that we are in a double dip recession---if Iran is attacked we will plunge into a global economic depression.
a resident of Downtown North
on Aug 13, 2010 at 11:25 am
Had Larry Ellison founded the company, I might care what he thinks.
Fortunately, HP was founded by two men who insisted the company
aspire to the highest ethical standards in the business. The board
was right to let go of Mark Hurd.
a resident of College Terrace
on Aug 13, 2010 at 11:28 am
The main reason for the current economic slump is relentless whining on Fox News. As Rush Limbaugh says, the easiest way to defeat Obama is to ruin the country then blame it on him.
a resident of Another Palo Alto neighborhood
on Aug 13, 2010 at 11:57 pm
The whole thing is FISHy. Why would Hurd pay her off and then she sue for sexual harassment? How could Jodie state that she didn't want him fired? There was some planning somewhere along the way. We aren't seeing all the facts. I think she wanted the fame and he wanted out or the Board wanted him ousted and grabbed for anything to get him out.
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