Fiorina: I Received Only A $21 Million Severance Package — Not $42 Million

[marmar]

How will this poor woman survive?




from ThinkProgress:



Fiorina: I Received Only A $21 Million Severance Package — Not $42 Million»

Making an attempt to address the current financial crisis in Florida yesterday, 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) today 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.

Later on MSNBC, Fiorina wryly dismissed Wasserman-Schultz’s criticism, saying it’s “not true” that she received a $40 million plus “severance package” from HP. Watch it: http://thinkprogress.org/2008/09/16/fiorina-severance-hp/


Fiorina is technically right. She didn’t get a $40 million plus “severance.” She left HP with only a $21 million severance. But she also walked away with an additional $21 million in stock options and pension benefits, as the New York Times reported in 2005:

Carleton S. Fiorina, the former chief executive of Hewlett-Packard, will receive a severance package worth about $21.4 million, and stands to gain at least $21.1 million more.

The additional amount reflects the estimated value of her pension, stock options and Hewlett stock holdings, which the company did not include in her severance package.

But Wasserman-Schultz is also right in that McCain “sounds like a hypocrite” saying he’ll “stop multi-million dollar payouts to CEOs” when his top adviser can see the difference between her $42 million and $21 million severance in the midst of a financial crisis.


http://thinkprogress.org/2008/09/16/fiorina-severance-hp/

[Solly Mack]

1. *Only* 21 MILLION

Only

That poor thing

[readmoreoften]

2. Let me eat cake!

[Virginia Dare]

3. As Paul Begala said, the longer this woman shills for McCain..

the better it is for Obama. Keep talking Carly.

[KitchenWitch]

4. I could happily live comfortably for the rest of my life on less than half of 21 mil.

[Naturyl]

11. 10 million dollars?

Sorry, but I don't think that sets you apart from Carly quite the way you think it does.

I could happily live comfortably the rest of my life on 1 million dollars, and that would include large monthly contributions to charity.

[tblue]

5. Debbie Wasserman-Schultz was correct. Carly is another in a long list of Repug liars.

[Eric J in MN]

13. Carly Fiorina is quibbling over the definition of "severance package."

But a CEO already making millions doesn't need any severance package when the corporations has had enough of her.

[lisa58]

6. what does that mean - she can't afford Cindy McCain's wardrobe?

[Diamonique]

7. Oh boo fuckin' hoo...

:nopity: :nopity: :nopity: :nopity: :nopity:

[Cleita]

8. I could live fine the rest of my life on the interest from a quarter of one

of those millions. The unmitigated greed.

[Naturyl]

9. Oh gee, ONLY 21 million. That changes everything!

</sarcasm>

[grannylib]

10. Goodness, how ever will the poor woman survive? Does she even

have a job now, other than shilling for McAnus? Has she had a job since she left HP with all that dough?
You sure know after watching the coverage of the RNC where the rePiglican/M$M priorities lie: they covered Meg Whitman and Fiorina's speeches in full, no talking heads yapping over them, while they ignored most of John Kerry's speech and all of Brian Schweitzer's too. CORPORATE WHOREDOM is what the M$M and the rePiglican party is all about. Fiorina was about as impassioned as a clam. If the building were on fire, she couldn't inspire me to follow her to an exit. No wonder she failed as CEO of HP (God grant me that kind of failure, holy shit...)

[mrreowwr_kittty]

12. Keep talkin' about it, Carly. nt

[VP505]

14. Crap only 21 Mil,

well so much for that second yacht.

[stillcool]

15. Does that mean she's middle class?

[scarface2004]

16. keep running your mouth carly.......

you weren t worth $21, let alone $21,000,000!!

[LondonReign2]

17. Flippity Flop

John McCain was for massive CEO serverance packages before he was agianst them. Sarah Plain was form massive earmarks before he was against them. John McCain was against agents of intolerance before he was for them. Sarah Palin was for open investigations before she was against them.

[muntrv]

18. $21 million is only middle class!

:sarcasm:

[Raine]

19. Oh well gee if that's all it was that

makes all the difference in the world, don't know what the fuss is all about. :sarcasm:

[ramapo]

20. Not bad money for wrecking a company

She's right up there in Bush's league. It was all downhill for HP while she was at the helm.

[tbyg52]

21. Poor baby! Where' s a tiny violin when you need one...? nt

[HughBeaumont]

22. This is who McClown hires.

And this race is still close.

Or so they say.

How ANY working American making under $100,000 a year can relate to this party is beyond me completely.

But then again, the fact that enough dicktard idiots voted for that fucking doorknob Bewsh to make each of the last two elections close enough to steal was beyond me completely as well. Didn't stop it from happening.

"Life is fair". Biggest lie foisted on mankind, next to "Read My Lips", "If you're poor, it's because you're just not working HARD enough" and "Saddam HAD weapons of mass destruction!"