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Ex-HP CEO Carly Fiorina Hired By Fox News
neutrino38 writes "The International Herald Tribune reports that Fox News hired Carly Fiorina, ex-HP CEO. Such an interesting move will certainly bring support to those who viewed her as the over-hyped CEO who killed the original corporate engineering culture know as 'the HP way.'
The article, off course, does not elaborate on this aspect of things. Slashdot has previously reported her demise from HP and some comments mentioned some HP employee dancing in the cubicles then."
> I hope she brings Fox the same integrity and good business sense that she brought to HP.
I'm sure we will.
Now we'll finally get the answer to the question "Which is harder? Running a first rate company into the ground, or being a Bush economic policy apologist?"
For those of you keeping score at home, in this corner, we have the person who helped bring down HP's stock by more than 50% and missed earnings targets. In the other corner, we have the economic policy that turned $250 billion budget surpluses under Clinton into $300 billion budget deficit in just two years!
Sounds like a perfect match.
Insert simplistic political, ideological, or personal proselytization here.
Would you care to contrast that with the other media outlets who are currently run by major contributors and/or political beneficiaries of the DNC?
Media is the currency by which political capital is exchanged in this country. If you want an informed opinion you have to form your own.
FoxNews was founded to fill an entertainment gap. A news channel with a fundamentally conservative outlook, in contrast to the liberal outlook promulgated by most other outlets.
You could have the Carly and Patti show. They could give advice on how to run a business the right way.
So presumably all a budding exec would have to do would be to carefully watch the show, then go into work and do the exact opposite?
Sounds like a plan to me.
"Fox News is just for people want to hear what they want to hear. They are not interesting is differnt views just conferming what they think is right so they feel good."
You can swap out "Fox News" with pretty much any/all "news" media outlets, local, regional, and national. If the news was reporting just facts without slanted commentary, from any side, 6 people may watch the news. People watch based upon their belief system, if Fox fits the bill, they watch Fox, if CNN does it for them, they watch CNN, and so on.
However, trying to tell people to sift all the BS to get to the facts...well...that's too much work for them.
There are no loopholes. It's either legal or it's not.
...she got in a lot of good practice at Lucent Technologies also.
Gentoo Linux - another day, another USE flag.
In the other corner, we have the economic policy that turned $250 billion budget surpluses under Clinton into $300 billion budget deficit in just two years!
While I am not a fan of Bush, the deficit slide can't be blamed entirely on Bushes economic plan. The magnitude, sure, but the slide started long before. The forecasters of the OMB were overly optimistic about the dotcom boom and expected it to last forever. When the bust happened, not only did a lot of money dry up, but the expected capital gains taxes forcast dried up too. That and the balanced budget bill lapsed. Congress started spending. So alot of things happened in the span of a few short years some of which can be blamed on President Bush.
BTW, The Age of Turbulence: Adventures in a New World by Alan Greenspan has a pretty good overview of that happened in addition to prividing insight into how the guy got to be so smart. It's good reading.
It's not incendiary. It's opinionated and sarcastic.
Incendiary would be if it were implied that she and her new employers were going to do something bad to you in the future. Incendiary evokes new negative emotions. Sarcastic just rehashes old ones.
After, this is all just the story of a third rate CEO being hired by a third rate news organization. It's not as if she were being hired by some covert arm of the Republican Party...
Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
Let's hope she can succeed at running Fox News into the ground. Fortunately, she was unable to do that at HP but if she had stayed any longer, she would have. She can get on the economic segments and tell people how ordering Compaq to fire workers and rehire them at half the pay and no benefits as contractors is a good model for a takeover. And then fired HP employees after the merger, keeping those contractors. She can say how outsourcing is good for the economy as she fired MORE HP workers for those Indian call centers.
Carly, you're a FUCKING BITCH! (and go ahead, moderate me down to a score of zero, I do not care. She is a bitch who destroyed lives and everyone here knows it).
He won't, because he can't. The entire "liberal media" rant, so regularly trotted out by the right whenever they are confronted by actual facts that put the lie to their "fair and balanced reporting", is a myth. Right our wrong, "the media" is, for the most part, television, and broadcast media has been almost entirely subsumed by corporate interests, interests whose political leanings really need no discussion.
Fits right in with Oliver North, Mark Fuhrman, Geraldo,etc.
Welcome to the team!
HP now dominates the Windows server space, and is #1 in PC sales and printers. They were #1 only in printers before the Compaq merger/acquisition. Maybe she didn't do so bad by HP in the long run?
Except NPR does it on the tax payers dime.
So does Fox News, just with a level of indirection. You think many of their corporate advertisers aren't sucking the public tit dry? That the farm bill doesn't subsidize ADM, or the perverse medicare prescription policy isn't a handout to Big Pharma, etc.?
Leave the gun, take the cannolis.
Any worse than *** *******?
Don't say its name. It might show up....
Everything I need to know I learned by killing smart people and eating their brains.
Except that Fox News isn't a news channel. Telling the truth, however biased, should be a requirement to be called a news channel. And Fox News have openly admitted that they have no intention of telling the truth.
They are a propaganda/entertainment channel, no more, no less.
I have a slightly different perspective than some other poster, I suppose.
The two way trust between management and the employees that Bill and Dave cultivated went away with Carly. Any HP employee who was there can tell you about the key event that started this shift.
Having worked at HP, and at other places, I do think that the HP Way still has some life in the way employees there treat one another. There is a level of decency in the way people treat one another that - I think - is a remnant of the old culture.
Custom, hands-free Linux installs. Instalinux
2) Like it or not [and most Slashdotters aren't going to like it very much], there just isn't any money to be made in the sale of scientific equipment, as the history of Agilent's stock proves.
Agilent's stock looks very stable to me, and has a low P/E. Why is that a problem? If you're looking for a long-term investment, that's the stock to get. If you're looking to get rich quick in day-trading, HP is a better stock. Obviously, Carly was more interested in joining the dot-com bubble and getting rich on stock options than maintaining a strong, stable company.
That "scientific equipment" (really test and measurement equipment) you mention with disdain is what keeps the tech economy going; companies wouldn't be able to develop new products without it. Every lab at any large tech company (and many small ones too) is filled with Agilent and Tektronix equipment: oscilloscopes, logic analyzers, spectrum analyzers, and lots of automated test equipment. It'd be funny if Agilent, Tek, LeCroy, and the other T&M companies decided to just close shop tomorrow and stop selling equipment, because all new technology development would grind to a halt, and all the existing equipment would be worth a fortune.
Ok, so how do you propose that companies develop the next generation of computers without those "neat" oscilloscopes that supposedly don't make any money (which is interesting considering they cost more than most cars)? Someone's gotta do it.
Interestingly, you left out Agilent's profit on your linked website:
Gross Profit 2,658,000 2,522,000 3,123,000
Even with lower revenues, their profit has gone up in the last year.