HP CEO Meg Whitman: 10 Shocking Statements On Autonomy


She Says HP's Board Of Directors Did Extensive Due Diligence

Whitman told Wall Street analysts that the HP Board of Directors did "extensive due diligence" on the Autonomy acquisition. "Most of the board was here and voted for this deal and we feel terribly about that," Whitman said. "What I will say is the Board relied on audited financials, audited by Deloitte, not Brand X accounting firm but Deloitte and by the way, during our very extensive due diligence process, we hired KMPG to audit Deloitte, and neither of them saw what we now see after someone came forward to point us in the right direction."