Wednesday, September 17, 2008

Fiorina: I received only a $21 million severance package — not $42 million.

Fiorina is the wrong spokesperson to discuss about the payouts to CEOs.

Thinkprogress:


Making an attempt to address the current financial crisis in Florida on Monday, Sen. John McCain (R-AZ) offered what he called “straight talk,” saying he will “put an end to the greed that has driven our markets into chaos” and “stop multi-million dollar payouts to CEOs who have broken the public trust.”
During an interview with Rep. Debbie Wasserman-Schultz (D-FL) yesterday on MSNBC, host Andrea Mitchell said that McCain “sounds like a Democrat.” “He sounds like a hypocrite,” Wasserman-Schultz replied, citing Carly Fiorina as McCain’s top adviser:

WASSERMAN-SCHULTZ: Well he sounds like a hypocrite because he has got a group of lobbyist and corporate interests running his campaign including Carly Fiorina, who walked away when she left Hewlett-Packard with $45 million including a $21.5 million severance package.


UPDATE: Obama has co-sponsored a bill with eight other Democrats that is currently before the Senate Banking Committee, S.1181, that would amend the Securities Act of 1934 to include a separate shareholder vote on executive compensation. McCain is not a co-sponsor.

Update: Fiorina is finito.

Yesterday, McCain economic adviser Carly Fiorina bluntly stated that neither John McCain nor Sarah Palin were capable of running a major corporation (she said the same of Barack Obama and Joseph Biden). A top campaign adviser said Fiorina will be punished for her candid sentiments:

“Carly will now disappear,” this source said. “Senator McCain was furious.”

Asked to define “disappear,” this source said, adding that she would be off TV for a while – but remain at the Republican National Committee and keep her role as head of the party’s joint fundraising committee with the McCain campaign.

Fiorina was booked for several TV interviews over the next few days, including one on CNN. Those interviews have been canceled

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