Madharry, You wrote, "However I do try to pay a lot more attention to leveraged positions and to management competence and integrity than I used to."
And you also wrote here, "I still dont understand why they let hurd go...
Here's why,
"HP's general counsel Michael Holston was more blunt, describing a "systematic pattern" of submitting falsified financial reports to hide the relationship. "The facts that drove the decision for the company had to with integrity, had to do with credibility, had to do with honesty," he said. He added that the inaccurate financial reports in question related only to Hurd's personal expenses."
================================
Loathe that I am to continue my investment in ORCL with a person as Hurd almost in charge -- because he's apparently so egocentrically stupid and insensitive, and with so little integrity as to have underlings or himself prepare false expense reports -- I will nevertheless stick with ORCL for a while. I assume his claim to fame is cost-cutting -- that is, chopping people -- and that might work for a while at ORCL. I'll wait a bit to see. Ultimately, I see going with this guy as being the frog in the parable of the frog and scorpion crossing the river. |
