"I understand there is also a written report of the investigation addressed to me and others, but I did not read it. I could have, and I should have." -- Mark Hurd, Hewlett-Packard's embattled CEO, stating the obvious over his failure to peruse key information describing the company's bizarre attempts to unearth the source who leaked board-level confidences.
"You can talk about the negatives of 4 to 5 percent market share, but it's kind of like being in the ocean. We're on the bottom, so it doesn't matter what the weather is like up top." -- Steve Jobs, Apple Computer CEO, trying to allay shareholders' concerns about his company while suggesting he might have spent a little too much time watching his animation studio Pixar's "Finding Nemo" movie.
"What the chief accountant creates is a work of art." -- Alan Greenspan, the former chairman of the U.S. Federal Reserve, defining most financial reporting as less of a historical record and much more of a forecast. Perhaps that's why so many IT companies fell foul of the U.S. Securities and Exchange Commission this year, particularly in relation to past practices around the granting of employee stock options.
More here: http://www.infoworld.com/article/06/12/01/HNyearinquotes_1.html
posted @ Wednesday, December 06, 2006 1:05 PM