The debacle facing Meg Whitman at HP will most likely consume her and the entire HP Board. HP is claiming its $11Bn cash purchase of Autonomy was based on misrepresentations and accounting improprieties. HP further claims to have relied for due diligence on Deloitte Touche, a company with a dodgy reputation, at best.
News is still filtering out on HP’s $5.5Bn charge . HP stock is off over 10% on the day.
Joseph Jett
Father, CEO, Author, Speaker, Harvard MBA, MIT MS BS
Managing Partner - Jett Capital Management LLC,
Offering Private Equity, Intl. Corporate Finance, Expert Witness, Reputation Management
Joseph Jett - The Official Blog, Join me on Facebook, Google+ or on my Verified Twitter Account
Managing Partner - Jett Capital Management LLC,
Offering Private Equity, Intl. Corporate Finance, Expert Witness, Reputation Management
Joseph Jett - The Official Blog, Join me on Facebook, Google+ or on my Verified Twitter Account
Latest posts by Joseph Jett (see all)
- A President’s Credibility: Trump’s Falsehoods Eroding Public Trust - March 22, 2017
- Bitcoin and the Painful Art of Wrist Slitting - January 16, 2015
- Ted Cruz and the Promise of Nihilism - October 14, 2013
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