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Monday, September 29, 2008

John McCain’s advisor, Carly Fiorina—the fired CEO who left with $42 million

The New York Times, in an article on February 12, 2005, wrote that Carly Fiorina "will receive a severance package worth about $21.4 million, and stands to gain at least $21.1 million more. The additional amount reflects the estimated value of her pension, stock options and Hewlett Packard stock holdings, which the company did not include in her severance package."

Barack Obama's campaign is using this fact in a new ad, as follows:

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  1. So where is the connection?

    Last time I looked, HP/Compaq wasn't a failed bank that was getting a bail-out from the Federal government, but rather a successful company that was free to contract with whomever they wanted and on and on whatever terms they chose. Furthermore, the termination provisions of her contract was public information, disclosed to and voted upon by the shareholders of HP/Compaq.


    This is typical Barak bullshit that gets a free pass from the media and apparently from you too Russ.

    This is on a par with the Liberals' - "soldiers, in our cities, we're not making this up" from the last election, but will anyone other than the McCain campaighn call them on it? Not likely.

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