Carly booted from HP

HP's board finally booted CEO Carly Fiorina. The reasons are numerous, but probably mainly stem from her failure to deliver on promised results following her big merger with Compaq. It has been several years since the merger and HP has little benefit to show for it. The printing business is still the only truly successful segment, and the merger diluted investor equity in that business. HP shareholders before the merger went from owning all of the printing business to only 63% afterwards.

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