Meg Whitman Says HP Was Defrauded By Autonomy; HP Stock Plunges 237
McGruber writes "CNBC is reporting that Meg Whitman claims HP was defrauded in its purchase of Autonomy. 'We believed there is a willful effort on the part of certain members of Autonomy management to mislead shareholders when Autonomy was a publicly traded company, and to mislead potential buyers including HP,' Whitman said. 'We stand by the forensic review that we've seen,' she added. I wish her the same level of success I had when I filed an eBay claim."
Also covered at SlashBI, which names the write-down damage: $8.8 billion.
Re:Meg, Carly (Score:0, Funny)
I would like to recommend Carly for the CEO of AT&T.
Re:Crashy (Score:2, Funny)
Re:Meg, Carly (Score:5, Funny)
Re:Meg, Carly (Score:5, Funny)
Re:Meg, Carly (Score:4, Funny)
Actually, you have that back-to-front. The loss was $6.9B while the writedown was $8.8B, so without the writedown, HP would have reported a profit!
Another blunder... (Score:5, Funny)
Ok, she is not directly responsible for this fiasco although she does admit to voting for the sale. Just seems odd that one bad move after another seems to follow her wherever she goes. Honestly, I think that her and Carly are locked in a fierce battle for worst CEO of all time. Oops...look out...Balmer is closing fast...
Re:Meg, Carly (Score:5, Funny)
Look at the picture on CNBC.
I'm pretty certain, based on this evidence, that Meg Whitman is Steve Ballmer in drag.