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Comments on: HP investors sue over Fiorina payout

Suit alleges computer maker violated its own severance cap when it doled out payment to ousted CEO.

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Overpaid
by corporate_radical March 7, 2006 1:26 PM PST
Corporate leaders are grossly overpaid and need to start policing themselves and showing some common sense restraint. How can anyone justify millions of dollars for severence payments? It's absurd and anyone who makes attempts to bring this problem under control should be applauded. Just think how many jobs are lost through lay-offs that could be avoided if top management would take sizable (and long overdue) pay cuts.
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HP Employees
by hedred March 7, 2006 1:27 PM PST
This pissed off HP employees as well.
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Try Getting It Back Suckers
by Stating March 7, 2006 11:13 PM PST
The money's probably sitting in a Cayman Islands bank already, so good luck getting it back. I guess HP will just have to cancel the Holiday Party this year, and for the the next 100 years, to make up the difference. After all, everyone should have to share the pain equally.
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They won't get it back..
by thedevilbegone March 8, 2006 6:01 AM PST
The lawsuit is for putting a cap on all executive severance packages, especially after Capellas quit.. In effect they would be restricting it to a few million..
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HP Investors Sue Over Fiorina Payout
by March 8, 2006 8:29 AM PST
It's about time. No one person is worth $42M in payouts.
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Pay for what you get and get what you pay for!
by heystoopid April 25, 2008 2:00 AM PDT
Oh well, you pay for what you get, and get what you pay for!

Amusingly, you now get to pay for her truisms, on the old boy network tour lecture circuit!

Sadly, the organizations she has left behind are now performing better than when she was the CEO!

Question is was she value for money or the corollary!

It does proove one concept though, hindsight is an excellent teacher!, and those that fail to learn the lessons in history, are forever doomed to repeat them!, such is life!
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Pay for what you get ... and pay and pay and pay...
by jesdog March 8, 2006 7:51 AM PST
for what the policy is. Politically correct ... it is expensive isn't it. Amazing, only in America will we pay millions to get rid of a CEO so that a company can do better. Insitutional investors (mutual funds et al.) don't give a damn ... there in the same bed (that's why the SEC has considered rule changes allowing MF investors to demand a vote on CEO pay comp packages) ... but Wall Street doesn't like private and public retirement account investors exercising their muscle on their respective substantial hioldings by demanding accountability for executive comp packages. Oh well ... only in America do reward incompetence so highly ... what does that say about the rest of us?
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