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News Desk Top Techs Turn Drama Queens
It’s a reporter’s dream. How often do you get a constellation of stars like this
By: Maureen O'Gara
Aug. 24, 2010 08:15 AM
It's a reporter's dream. How often do you get a constellation of stars like this: IBM is trying hard to ignore the fact that one of its own, a guy that was supposedly a heartbeat away from someday becoming its CEO, is currently looking at doing six months in jail for whispering family secrets in the ear of his mistress, a rapacious equities trader. HP is reeling from the sudden dismissal of its star CEO for - take your pick - hiring a jade as the company's meeter-and-greeter, hitting on her but not getting anywhere - HP's the only company boring enough to have a sex scandal without any sex - then not giving her more work and giving the Playboy model-turned-single mother and her lawyer the chance to hold HP's toes to the fire.
Dell, the company, had to pay the SEC $100 million for a mess of financial peccadilloes - like misstating its real numbers and, separately, Dell, the CEO, had to pay $4 million out of his own pocket for not disclosing Intel's importance to the company. The company's been in the toilet since the payments stopped. Apparently the share-owning pension funds of the AFL-CIO and the American Federation of State, County and Municipal Employees, who called for a protest vote at last week's stockholder meeting, aren't the only ones to think Dell should get itself a new chairman. The Wall Street Journal quotes Patrick McGurn, special counsel to ISS, the proxy advisory firm, as saying "Anything over 20% is something that boards take notice of - and pay attention to." All Things Digital recalls that even Yahoo co-founder and CEO Jerry Yang had better numbers than Dell and look what happened to him. Reader Feedback: Page 1 of 1
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