Another example, harder to pin down, is Hewlett-Packard from pre-Fiorina on. Since they're now three different companies, it would be an exercise to compute val

Another example, harder to pin down, is Hewlett-Packard from pre-Fiorina on. Since they're now three different companies, it would be an exercise to compute valuations (anyone?), but for me the real loss is the HP culture, or "the HP Way" if you will. HP used to be a proud, if boring, company, the flagship of the Valley. Their people were great to work with. They were ethical. You could spend your whole career there and many people did. Then they had Fiorina, the diva and drama queen, and then Mark Hurd and more mergers and would-be mergers than you can shake a stick at. There was a public shareholders' meeting at Flint Center because interest was so high. Where was the Board in all this?