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Oracle CEO Larry Ellison  (Source: PeopleSoft Planet)

Mark Hurd, Former HP CEO  (Source: Getty Images)
Ellison calls HP board "idiots"

HP is the largest computer maker around with a business that spans the globe and reaches into the corporate and consumer markets. The company recently forced the resignation of its CEO Mark Hurd after allegations of sexual harassment and falsified expense statements.

The CEO of Oracle Lawrence Ellison is speaking out in support of Hurd and condemning HP's board for Hurd’s departure. Ellison and Hurd are reportedly close friends, though the companies do compete on some levels and work together on other projects.

Ellison sent an email to the New York Times stating, "The H.P. board just made the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago. That decision nearly destroyed Apple and would have if Steve hadn’t come back and saved them."

Ellison continued in the email claiming that, "In losing Mark Hurd, the H.P. board failed to act in the best interest of H.P.’s employees, shareholders, customers and partners. The H.P. board admits that it fully investigated the sexual harassment claims against Mark and found them to be utterly false."

According to Ellison, a debate amongst the HP board was raging on whether or not to disclose the allegations of sexual harassment to the public. Hurd reportedly didn’t see the need to force disclosure of the allegations after an investigation by the HP board found that the claims were false.

Hurd and the woman involved in the case, Jodie Fisher, both maintain that there was no romantic relationship between them. However, Fisher reportedly settled the claims with Hurd for an undisclosed sum of money.

Why there would have been a settlement if nothing happened is unknown. HP maintains that the reason for Hurd to be forced to resign was due to falsifying expense reports in an effort to conceal the relationship.

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Something Stupid this way Comes
By Belard on 8/10/2010 10:15:06 AM , Rating: 0
Apple's gone crazy...

MS is just as non-inventive as usual...

So HP can be STUPID, as well as making junk.

RE: Something Stupid this way Comes
By amanojaku on 8/10/2010 10:41:59 AM , Rating: 1
1) You have to be sane to go crazy...

2) Try "incremental, but functional" vs. "game-changing, but doesn't work as advertised"

3) I always assume branded desktops are crap (I build my own), and I have a sh1ty Dell notebook for work(other option was a Mac). However, of the big three (Dell, HP, IBM) HP is the clear winner with the best mix of pricing, build quality, and configuration options. I would argue that Sun's x86 line is as good as HP's, and sometimes performs better, but few people think of x86 when they buy Sun. Well, Oracle, now.

As to the stupid, that's a necessary evil of publicly traded companies. You might never grow so large without investors, but you have to deal with a lot of crap because folks are constantly worried about the bottom line. Losses are unacceptable, and no amount of profit is ever enough. And if you're the CEO, or visible enough, and you screw up you're canned.

By mattclary on 8/10/2010 11:15:58 AM , Rating: 2
You might never grow so large without investors, but you have to deal with a lot of crap because folks are constantly worried about st0ck price .

There, fixed that for you.

Stupid spam filters...

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