Saturday, October 23, 2010

Portfolio's Worst American CEOs of All Time - CNBC

Portfolio's Worst American CEOs of All Time - CNBC: "A consummate self-promoter, Fiorina was busy pontificating on the lecture circuit and posing for magazine covers while her company floundered. She paid herself handsome bonuses and perks while laying off thousands of employees to cut costs. The merger Fiorina orchestrated with Compaq in 2002 was widely seen as a failure. She was ousted in 2005."

Want to vote for a business train wreck? Someone who outsourced 30,000 American workers in favor of boosting the economies of foreign countries labor force? Someone who brought HP down to their knees? Vote for Carly Fiorina.


Papa Giorgio said...


"It is the height of hypocrisy for Barbara Boxer to attack me or Aranda or any other struggling business for outsourcing jobs when she has taken tens of thousands in campaign contributions from companies who do the very same thing," she told the group. "Either she doesn't understand what is going on in the economy or she doesn't really care and this is just political-year electioneering and slogans."


At the town hall, Fiorina said HP and other companies were forced to send jobs overseas because of long-standing policies embraced by Boxer that stifled business growth and made it harder for small businesses to compete.

Fiorina Calls Boxer Hypocrite On Outsourcing

And this is the bottom line... what is California doing that drives jobs out of the state or country? And when the many insourced jobs come into this country, which states do they tend to set up factories and facilities... in other words, what are they doing right?

Well? Is Boer going to help or hinder what makes this state so un-business friendly?

Kim said...

The corporation I work for? Builing a plant and administrative office complex out of state....financially it was a no brainer...