Thursday, September 22, 2011

The Mighty Do Fall

Maybe not all the time but it is true, as the bible says, to everything there is a season. When I was in business, HP was a paragon; it seemed it could do no wrong. In the 21st century, shall we say that it has had its problems. This latest fiasco with Mr. Apothecker seems to indicate that these 21st century problems can be laid at the feet of the board of directors.

Would you believe that most of the directors had not even met him before he was hired; forget about interviewing him. How much are these guys being paid? Talk about dereliction of duty. In Tom Perkins' words, “It has got to be the worst board in the history of business.”

Maybe the music will cheer up the stockholders and employees.


No comments: