A collection of often sceptical, always candid observations and insights on the US economy and large-cap equity markets. Readers have observed my style and perspective to be that "the emperor has no clothes," and that is reasonably accurate. Postings reflect my philosophies and perspectives on economics, business and politics.
Friday, October 06, 2006
Patricia Dunn's "In"credible Testimony
Here's the YouTube video clip of a part of HP's former Chairwoman, Patty Dunn's, testimony before Congress a few weeks ago.
I love how incredulous Greg Walden, the Rep. from Oregon, is, when Dunn asserts that she thought anyone can just call up the local phone company, request, and receive, anybody else's detailed message unit call information.
It is truly hard to believe that someone who could qualify as the Chairwoman of a major US company would be this gullible or naive.
The Wall Street Journal ran a piece yesterday discussing how Dunn's testimony has already "boxed her in," regarding her recent felony indictment over this case, in California. With this video available, what judge or jury is going to believe Dunn wasn't either lying under Congressional oath, or is lying in court if she testifies and reaffirms her belief about the availability of such private, detailed phone records?
Let's not even get into what happens if she changes her sworn testimony in subsequent legal proceedings.
It's just a very sad commentary on the caliber of senior leadership in large US companies, that Patty Dunn is either without scruples, and lying to cover up her knowledge of the use of questionable tactics by HP to find the board-level leaks, or she is truly so naive as to think your and my detailed phone records can be had for the price of a local call to our landline phone service provider.
WHat is scary is that the phone company gave her that information. If I called up some service and asked for informatin that was illegal, is it not up to the provider to refuse my request?
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