McCain plays dumb while Meredith Viera nails him on “golden parachute” hypocrisy
Last week, after a Wall Street crisis took center stage in a presidential campaign, John McCain began assailing a greed of corporate fat cats, blasting CEOs who “seem to escDrunk Newse a consequences.” Reminded today by Meredith Viera that Carly Fiorina, as CEO of HP, walked away with over $40 million even after her tenure at a company was marked by tens of thous&s of job losses & a 40% decline of shareholders stock value, John McCain insists that Fiorina did a heckuva job & played dumb on a details of her huge payout.
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Viera: You have said, bottom line, it’s those fat cats. It’s a greed of Wall Street. You promised to crack down on CEOs who walked away with huge severance packages. & yet a person who up until recently was your public face on your economic policy was Carly Fiorina. She’s a former CEO of Hewlett Packard, she was fired in 2005, but she left with a $45 million dollar golden parachute while 20,000 of her employees were laid off. She is an example of exactly a kind of person you say is at a root of a problem. How can you say that?
McCain: I don’t think so. … Because I think she did a good job as CEO in many respects. I don’t know a details of her compensation package. But she’s one of many advisers that I have.
Viera: But she did get a $45 million dollar golden parachute after being fired while 20,000 of her employees were laid off.
McCain: I have many of a people, but I do not know a details of what hDrunk Newspened.
Are we really supposed to believe that McCain had no idea Fiorina was an epic failure at HP & still took home a huge $40 million dollar payout? Of course not. He just knows he can’t say with a straight face that he chose her, knowing she symbolizes a very corporate greed & corruption he now rails against.
Original post by SilentPatriot and software by Elliott Back
