Hewlett-Packard has been sued in a class action lawsuit, made up of a huge number of users of the company’s printers and ink cartridges, for a wide variety of problems. Here’s what the lawyers have come up with: a $5,000,000 settlement to be paid off in $2 and $7 coupons that can only be used at HP.com to purchase Hewlett-Packard products, and which can’t be transferred or combined, and will expire in six months. Consider: Continue reading
Hewlett-Packard
Unethical Quote of the Week
“The world is full of imperfect people; if everyone who ever fudged an expense report or flirted with an outside contractor were fired, there wouldn’t be many people left in the American work force. This is not to say that Mr. Hurd should be let off the hook for, in his words, failing “to live up to the standards and principles of trust, respect and integrity that I have espoused at H.P.” But a firing offense? Really? “ —New York Times business columnist Joe Nocera, in commentary concluding that Hewlett Packard’s stated justifications for firing CEO Mark Hurd— an inappropriate relationship with an adult film star he had hired as a consultant, and his “fudged” expense reports employed to hide his indiscretion—were a pretense. Nocera argues that Hurd was intensely disliked and distrusted throughout the company, and was perceived as being willing to cut core H.P. activities in order to enrich himself.
Nocera might well be correct that H.P.’s reasons for firing Hurd were not what the company claimed them to be. His conclusion, however, that what Hurd did was not a “firing offense” tells us a great deal about the skewed ethical mindset of the corporate culture in America, with which Nocera, as one who has been immersed in it for decades, is clearly infected. Continue reading
Ethics, Ethics, Everywhere…
Stories with ethical implications are popping up everywhere, in many fields. I’m running hard to keep up; if you want to join the race, here are some recent developments and notes:
- A prominent Harvard professor and respected researcher just retracted a major paper and has been put on leave, as an investigation showed irregularities in his methods and results. “This retraction creates a quandary for those of us in the field about whether other results are to be trusted as well, especially since there are other papers currently being reconsidered by other journals as well,’’ wrote one scientist. “If scientists can’t trust published papers, the whole process breaks down.’’
- A Wisconsin lawyer bought a farm from his own client in a bankruptcy matter, a classic conflict of interest. The lawyer’s defense was amusing: since his license had been suspended, he no longer had a fiduciary duty to his now former client. The court canceled the sale. The story is on the Legal Profession Blog.
- The excellent Sunlight Foundation has strong commentary regarding the lack of genuine ethics oversight at the White House. Continue reading
Oracle’s CEO Reminds Us Why We Can’t Trust Big Business
Lawrence J. Ellison, the chief executive of Oracle, ridiculed Hewlett-Packard’s directors for forcing the resignation of the H.P. chief executive, Mark V. Hurd.
We all owe a debt of gratitude to Ellison, for his attempt to defend a fellow CEO and friend is an abject lesson in why large corporations have to be watched carefully. Too many of them are run by those like Mr. Hurd, who believe that making his company lots of money entitle him to break rules and cut corners in ways that their companies tells their subordinates are violation of company policy and business ethics. And far too many board members of big corporations are like Mr. Ellison, not only excusing this attitude, but endorsing it. Continue reading