HP's Board ScandalNo one comes off well, according to Robert Faletra, who says we've still got a long way to go in reforming corporate governance: "The practice of posing as someone else (otherwise known as pretexting) to obtain that individual's private phone records is flat-out morally wrong, if not illegal... [but] it seems to me that when you sign up for the lucrative monetary package that comes along with a seat on the board of the largest high-tech company in the world, it comes along with an obligation to be trusted." With HP chair Patricia Dunn stepping aside, and now board member George Keyworth resigning, it does make you wonder why, over and over, smart people go do the wrong things. Posted by Joe Caponi at 01:14 PM, September 12, 2006 This is a public forum. United Business Media and its affiliates are not responsible for and do not control what is posted herein. United Business Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers. Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of United Business Media LLC and may be edited and republished in print or electronic format as outlined in United Business Media's Terms of Service. Important Note: This comment area is NOT intended for commercial messages or solicitations of business. |
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