Talk about your high level pissing contest. The Perkins of legendary Silicon Valley venture capital firm Kleiner Perkins quit the HP Board in a huff after it was revealed that the Chairwoman had hired investigators to secretly snoop into directors' private phone records to track down a leak to a magazine. Perkins' ties with HP go back virtually to the founding of the company. He apparently was outraged over the snooping and now is raising a stink that the company violated SEC regulations in not disclosing the reason for his resignation. Just when it appeared HP had turned the corner from the disastrous Fiorana era, now this. Maybe they should stick to men from now on.
I can't see how this Chairwoman lasts until the next Board meeting. Not only was her snooping a blatant insult to the Board, it involved illegal pretexting, in which investigators lie to the phone company and pretend to be the customer to get their records. The company and the Chairwoman both face potential civil and possibly criminal liablilty.
http://www.msnbc.msn.com/id/14687677/site/newsweek/
I can't see how this Chairwoman lasts until the next Board meeting. Not only was her snooping a blatant insult to the Board, it involved illegal pretexting, in which investigators lie to the phone company and pretend to be the customer to get their records. The company and the Chairwoman both face potential civil and possibly criminal liablilty.
http://www.msnbc.msn.com/id/14687677/site/newsweek/
