Ned Pepper's Outrages

Thursday, September 22, 2011

The HP Board Strikes Again!

Not content with its ranking among the worst corporate boards, according to experts (certainly not Ned), the board of floundering computer former-giant HP is reported ready to axe its CEO of 11 MONTHS, Leo Apotheker, in favor of a Charter Member of the Sneering Plutocracy, former eBay head Meg Whitman! Whitman's latest caper was to spend $160 million of her "own" money (read: money flayed from the backs of eBay employees and shareholders) in a run against wheezing geezer Jerry Brown for governor of California, a race in which she was soundly trounced. Ned can only imagine to what heights she may soar if elevated to the head of HP, but Ned advises his investor friends to continue to short the stock (free advice).

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