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Politics : Formerly About Advanced Micro Devices

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To: Taro who wrote (883298)8/28/2015 11:48:10 PM
From: Wharf Rat  Read Replies (1) of 1576451
 
In truth, it was the Board I was a part of that was ineffective and dysfunctional.”

That's why the stock jumped as soon as she was fired. Who wouldn't want to invest in a company with a dysfunctional board which had just fired a great CEO, and which was awaiting the name of the player to be named later? "Anyone will be better"? Wow.

NEW YORK (CNN/Money) - Hewlett-Packard Co. Chairman and CEO Carly Fiorina, one of the most powerful women in corporate America, is leaving the troubled computer maker after being forced out by the company's board.

Shares of HP ( Research) jumped 6.9 percent in heavy trading on the New York Stock Exchange Wednesday on the news. But at one point, the stock was up as much as 10.5 percent.

"The stock is up a bit on the fact that nobody liked Carly's leadership all that much," said Robert Cihra, an analyst with Fulcrum Global Partners. "The Street had lost all faith in her and the market's hope is that anyone will be better."

money.cnn.com

Can Fiorina trump competition for 'worst tech CEO' title?
usatoday30.usatoday.com

Portfolio's Worst American CEOs of All Time
cnbc.com
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