Hurd of HP sacked, what Ellison of Oracle says

QUOTE
HP Board just made the worst personnel decision since the idiots on the Apple Board fired Steve Jobs many years ago. That decision nearly destroyed Apple and would have if Steve hadn’t come back and saved them. HP had a long list of failed CEOs until they hired Mark who has spent the last five years doing a brilliant job reviving HP to its former greatness.

In losing Mark Hurd, the HP board failed to act in the best interest of HP’s employees, shareholders, customers and partners. The HP board admits that it fully investigated the sexual harassment claims against Mark and found them to be utterly false.

Nevertheless, the HP board then voted 6 to 4 go public with this sexual harassment claim against Mark because six of the directors believed that “full disclosure was good corporate governance”. Publishing known false sexual harassment claims is not good corporate governance; it’s cowardly corporate political correctness.

Those six directors caused HP to lose a nearly irreplaceable CEO. Those six directors who voted against Mark can try hard to hide behind a claim of “good corporate governance” but their decision has already cost HP shareholders over $10 billion… and my guess (is) it’s going to cost them a lot more.

The final insult was when the HP board (was) going to the press and suggested that Mark Hurd engaged in expense fraud over a few thousand dollars. This is not credible. Mark Hurd, like most other CEOs, does not fill out his own expense reports, so even if errors were made Mark didn’t make them.

What the expense fraud claims do reveal is an HP board desperately grasping at straws in trying to publicly explain the unexplainable; how a false sexual harassment claim and some petty expense report errors led to the loss of one of Silicon Valley’s best and most respected leaders.”

Since full disclosure seems to be the order of the day, I should disclose that Mark Hurd (is) a close friend and I am deeply offended by what just happened to him. If the HP board is offended by my comments… so be it.”

Larry Ellison. CEO, Oracle Corporation

Source: Oracle Corp.
UNQUOTE
Source:

Advertisements

Wikileaks: Taliban, Pakistan’s ISI targeted Indians

 Our External Affairs (?) Minister has been talking peace with Pakistan and got insulted.

If anyone had doubts about what Pakistan has been upto,  the Wikileak  documents should clarify this: Pakistan has just one obsession -India the enemy.

Read this from Frontline

Targeting Indians
As many as 180 of the files released pertain to the Inter-Services Intelligence’s (ISI) role in training and arming the Taliban. British Prime Minister David Cameron, on a visit to India in the last week of July, agreed with his hosts that Pakistan’s involvement with terror groups was destabilising the continent. The WikiLeaks logs revealed that Indian development projects and diplomatic missions in Afghanistan were regularly targeted by militants at the prompting of their handlers in Pakistan.

UNQUOTE

What should one conclude from the curious behavior of our government?

In a related news

The Obama administration has asked Britain, Germany, Australia, and other allies to consider criminal charges against Julian Assange for his Afghan war leaks.
Read more at