Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio candidates - Moderated -- Ignore unavailable to you. Want to Upgrade?

To: kumar who wrote (2757)	8/8/2010 8:12:37 PM
From: Uncle Frank	Respond to of 2955

Interesting, Kumar. Here's the latest... H-P contractor sorry CEO Hurd lost his job BY MarketWatch 8:00 PM ET 08/08/2010 LOS ANGELES (MarketWatch) -- The contractor whose sexual harassment claim against former Hewlett-Packard Co. (HPQ) chief Mark Hurd led to Hurd's departure from the company said Sunday that she was unhappy about how the incident had played out. "I was surprised and saddened that Mark Hurd lost his job over this. That was never my intention," said Jodie Fisher, identified in a statement from her attorney as the female contractor who recently settled a sexual harassment claim against then HP chairman and chief executive. "Mark and I never had an affair or intimate sexual relationship. I first met Mark in 2007 when I interviewed for a contractor job at the company," Fisher was quoted as saying in the statement. "I have resolved my claim with Mark privately, without litigation, and I do not intend to comment on it further. ... I wish Mark, his family and HP the best," Fisher said. The statement described Fisher as a single mother who recently appeared on an NBC television dating show called "Age of Love." According to an Associated Press report, the 50-year-old Fisher knew Hurd through jobs at HP's marketing department from 2007 to 2009.

To: kumar who wrote (2757)	8/9/2010 11:53:31 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 2955

I'm not a fan of Larry Ellison, but I like his comments to the press regarding Mark Hurd's ouster from HP. SAN FRANCISCO (Reuters) - Oracle (NasdaqGS:ORCL - News) Chief Executive Larry Ellison blasted Hewlett-Packard (NYSE:HPQ - News) on Monday for forcing CEO Mark Hurd to resign. In an email sent to the New York Times and later provided to Reuters by Oracle, Ellison slammed HP's board for ousting Hurd -- a close friend -- even after the PC maker's board determined Hurd had not violated its sexual harassment policy. HP disputed Ellison's account of events. Hurd resigned on Friday after a probe into sexual harassment allegations turned up expense account abuses that HP said were intended to cover up his relationship with a female contractor. "The HP board just made the worst personnel decision since the idiots on the Apple (NasdaqGS:AAPL - News) board fired Steve Jobs many years ago," Ellison wrote. "In losing Mark Hurd, the HP board failed to act in the best interest of HP's employees, shareholders, customers and partners," he said. Ellison said the HP board voted 6-to-4 to go public with the sexual harassment claim against Hurd. "Publishing known false sexual harassment claims is not good corporate governance; it's cowardly corporate political correctness." The Oracle chieftain did not say in his email how he came about his information. An HP spokeswoman said: "As the company stated previously, the board voted unanimously for Mr. Hurd's resignation. And, that was the only vote the board took on this issue." According to Ellison, HP directors debated whether the company needed to disclose Jodie Fisher's sexual harassment claim against Hurd. Fisher has said she did not have an "intimate sexual relationship" with Hurd. The two have settled the claim privately. Oracle, the world's third-largest software maker, is a major partner of HP, the No. 1 PC maker. Oracle now also competes with HP in the server market, following its purchase of Sun Microsystems. Ellison said the company's charge that Hurd engaged in expense fraud was "not credible." "What the expense fraud claims do reveal is an HP board desperately grasping at straws in trying to publicly explain the unexplainable," Ellison wrote.