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Worst Business Person: Trump or Fiorina

Discussion in 'BBS Hangout: Debate & Discussion' started by tinman, Sep 17, 2015.

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Worst Business Record

  1. Trump

    6 vote(s)
    19.4%
  2. Fiorina

    25 vote(s)
    80.6%
  1. tinman

    tinman Contributing Member
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    http://www.businessinsider.com/fiorina-widely-considered-the-worst-ceo


    Yale professor on Carly Fiorina's business record: She 'destroyed half the wealth of her investors yet still earned almost $100 million'


    http://www.vanityfair.com/news/2015/06/donald-trump-companies-bankruptcy-atlantic-city

    4 Times Donald Trump’s Companies Declared Bankruptcy

     
  2. Phillyrocket

    Phillyrocket Member

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    Hmmm difficult they are both so crappy....

    I'll say Trump is worse. He was handed the keys to daddy's business while Carly at least had to move up on her own merits before she found herself completely over her head.
     
  3. Space Ghost

    Space Ghost Contributing Member

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    The Trump topic of discussions were annoying at first. Now they are nice keywords to automatically ignore any serious topic of discussion at hand.
     
  4. Dairy Ashford

    Dairy Ashford Member

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    They're both fine, they engaged in large scale, long-term activities that were either exceptionally risky or inherently adversarial and bound to detriment specific groups of stakeholders in favor of another. There are a whole other list of executives and officials with the same education, experience and resources who acted far more incompetently and/or dishonestly with little reason or necessity, don't let political visibility overstate the former two's missteps over the Allen Stanfords, Nick Leesons or Dan Moraleses of the last twenty years.
     
  5. Dairy Ashford

    Dairy Ashford Member

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    Also, don't rely on Business Insider for anything other Joe Davola-style Marissa Mayer pics or GMAT/CFA debates slanted by Kaplan ad buys. Or listicles saying you need $50,000 annual income to own a home in San Francisco.
     
    1 person likes this.
  6. SuperHighFly

    SuperHighFly Member

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    Atlantic City is an absolute **** hole and the whole gambling industry there has gone down the drain.

    Fiorina absolutely destroyed HP, laid off thousands of workers and still paid herself handsomely. To be fair though, the industry as a whole did terrible during that time period and who's to say anyone could've saved HP.

    My vote is still Fiorina.
     
  7. cml750

    cml750 Member

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    I would vote for Fiorina over Trump but trump is the better business person.
     
  8. SamFisher

    SamFisher Contributing Member

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    I use "Space n/1 Ghost"
     
  9. JuanValdez

    JuanValdez Contributing Member

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    Oh, how I wish Romney was running.
     
  10. Dairy Ashford

    Dairy Ashford Member

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    Maybe, but along with oilmen, bankers of any kind are the pinko commies of the new century.
     
  11. Nook

    Nook Member

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    They both made a huge amount of money... Seems they both were successful for their own bottom line.
     
  12. SF3isBack!!

    SF3isBack!! Member

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    I was actually taught in class about Carly Fiorna. This woman is a poster for what not to do when running a business. It's crazy that she even has the balls to run for president with her record. She is worse IMO. Donald may have a couple of losses but he has far more wins.
     
  13. heypartner

    heypartner Contributing Member

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    Let's just say neither are as good as Fred Trump, Jr.
     
  14. NewRoxFan

    NewRoxFan Contributing Member

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    Warning: long response, lots of HP history, skip over if not interested...

    I worked for Carly at HP (came in when HP acquired Compaq... I was also on the "clean room" team responsible for merging the two companies). Carly was a disaster as a CEO. She surrounded herself with "yes people" handlers who insulated her from reality, and she lacked the professional intellect to investigate what was really going on. She was a phony, worried only about her image and didn't have a grasp of technology or people.

    One great example... the HP marketing folks tried to broaden a Compaq server strategy (Adaptive Infrastructure, narrowly focused on blade computing and the beginnings of dis aggregated compute that would eventually lead to hyperscale computing) into a broad corporate strategy called "Adaptive Enterprise" as a counter to IBM's Autonomic Computing strategy. AI was a sound platform but as with most things HP was always lagging and HP marketing didn't fully flesh out how to extend it beyond the platform.

    And as usual, Carly lacked the "smarts" to grasp the nuances of a changing model. Which led to a infamous appearance as keynote speaker a Gartner Symposium, where the lead Gartner industry analyst interviewed her and asked her to define "Adaptive Enterprise." The uncomfortable pause, the deer in the headlights look on her face (picture the Star Trek episode with the Harvey Mudd robots), and the incoherent babble that spilled out was the most embarrassing CEO appearance at a Gartner event.

    Carly was thoroughly (and rightfully) embarrassed. She came back from Orlando and fired the former "Adaptive Enterprise" (replaced him with Nora Denzel, whom I sure hated that assignment).

    Later it came out she was actually a failure at her previous "star role" at Lucent. And now she wants to be President? *shudder*
     
  15. Dubious

    Dubious Contributing Member

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    Maybe Trump can oversee the bankruptcy of Detroit and Puerto Rico, he does have the business experience. He can bolt on the bondholders without guilt or personal repercussions.
     
  16. dragician

    dragician Member

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    According to an analyst from NPR, if Trump invested the money (40m) he inherited from his parents into S&P500 fund, he would have made 40x than what he made so far from his businesses.
     
  17. FranchiseBlade

    FranchiseBlade Contributing Member
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    That's pretty amusing. But he wouldn't have nearly the same bluster if he'd done that.
     
  18. Amiga

    Amiga 10 years ago...
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    I guess all those bankruptcies did bite. But 40x? Wow, that's crazy.
     
  19. Amiga

    Amiga 10 years ago...
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    That's a general problem with public corporation. There is no high risk to their pocket ever. It's only high rewards.

    HP has a history of horrible since the old days.

    Fiorina was bad.
    Hurd destroyed moral and long term outlook for sake of short term $.
    Apotheker - probably the worst CEO in tech company history
    Whitman - we'll see.
     
  20. mtbrays

    mtbrays Contributing Member
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    I started doing PR for HP just after Apotheker announced that they were no longer making PCs. Talk about a rough job.
     

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