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Saturday, September 26, 2015

Poor Carly Fiorina -

Presidential candidate Carly Fiorina says she rose from being a secretary to a business woman at Lucent Technologies and then CEO of Hewlett-Packard (HP).

My students listened to her here in Iowa and they thought she came from a very poor family and maybe even a single mother!
BUT, her dad was well educated, successful, and wealthy. His name was Joseph Tyree Sneed, III. He was professor at Cornell Law School from 1957 to 1962, Stanford Law School from 1962 to 1971, Duke University School of Law from 1971 to 1973, where he was Dean. Then he was a Republican U.S. Deputy Attorney General and a member of the U.S. Court of Appeals for the Ninth Circuit for nearly 35 years. 

She was actually born with a silver spoon in her mouth. 

In her first corporate job at Lucent things went very badly as the following observation by Rattner suggests. 
"Soon after she left, Lucent veered off a cliff, and while she was never the chief executive, part of the company’s collapse stemmed from overly aggressive sales and loans to financially shaky customers made under her supervision."
Steven Rattner has written,
"Investors were so down on her that H.P.’s shares jumped by almost 7 percent on the day of her firing. And in ensuing years, she appeared on several “worst C.E.O.” lists, including those of CBS News and USA Today.
In 2009, Portfolio magazine ranked her the 19th worst C.E.O. of all time and described her as a “consummate self-promoter” who was “busy pontificating on the lecture circuit and posing for magazine covers while her company floundered.”

And most voters have never heard this. Donald Trump's criticism of her was diminished by his snarky comment about her face. 

Rattner continues, "She banked $21 million in severance payments as part of the more than $100 million in compensation she received during what one critic called her “destructive reign of terror” (which included pushing for H.P. to acquire five corporate jets.)"

Almost no one from her corporate life comes to her defense. She has not had a full-time private sector job since 2005. The buzz is that no one wants to hire her. 

Then there is the latest information about her support for and contributions to the campaigns of Hillary Clinton, Nancy Pelosi, Harry Reid and other liberal Democrats well narrated by Jeffrey Lord a former Reagan White House political director - See more at:
Jeffrey Lord is a former Reagan White House political director, - See more at:
Jeffrey Lord is a former Reagan White House political director, - See more at:

Surprisingly the media has handled her with silk gloves. When she's interviewed or stories are written about her the details of this sketchy record and also the allegations about her personality are not mentioned. 

That's quite a disservice to Iowa and American voters.

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