falling-up

Carly Fiorina Continues Falling Up

Pareene · 07/10/08 02:07PM

Cara Carleton "Carly" Fiorina (née Sneed) (thanks Wikipedia!) used to be the most powerful woman in business, back when she was running HP. She ran HP into the ground, btw, forcing a deadly merger with Compaq, laying off 7,000 people, losing market share to Dell and IBM, and finally being forced out by the board. She received a ridiculous $21 million cash severance payment (breaking the company's own severance cap) and she also somehow received a reputation as someone to be taken seriously in matters of business. Now her job is to convince people that John McCain is business-friendly and knowledgeable about money in general. America! Lloyd Grove interviewed her for Portfolio. This is our favorite quote:

Jeff Zucker Wields The Knife At NBC

Balk · 05/29/07 07:59AM

Three months after signing a three-year extension with the network, NBC's entertainment chief Kevin Reilly is out of a job, being replaced by Ben Silverman, producer of "The Office." The news was first reported by Hollywood blabbermouth Nikki Finke (please save the e-mails, Nikki, we mean it in a good way) on Friday, and then regurgitated without credit by the New York Times and the LAT yesterday. (Classy!) The Wall Street Journal notes that Reilly, responsible the for "Heroes," last season's only hit, got like a totally raw deal.