Is Hewlett Packard CEO Meg Whitman digging her own grave?
She’s written down the value of H-P’s $10.3 Autonomy acquisition by $8.8 billion. And now she’s accusing the company’s former managers of accounting fraud.
Even if the accusations she’s leveled at Autonomy prove true, the debacle only highlights a multibillion mistake made on Ms. Whitman’s watch.
H-P has a long history of dumping it’s CEOs for mistakes like this.
Click here to read my column on Marketwatch.
And click here to read the column I wrote last year telling Ms. Whitman to back out of Autonomy and warning her of the of the H-P Boot.
Also click here to read a column I wrote on Ms. Whitman before she became CEO of H-P.