When I got up this morning and heard the news that Hewlett-Packard had fired Carly Fiorina as CEO, my immediate reaction was to imagine the column I'd be writing about the move. Then I remembered: I don't do that anymore.
But I can't resist noting that, once again, corporate America's movers and shakers are rewarding failure, this time to the tune of a $21 million "severance package." It's how things work for CEOs: Succeed and you get millions. Fail and you get millions.
What a scam. HP's shareholders should be outraged, but like good sheep they'll just let it go.