How Meg Whitman Failed Her Way to the Top at eBay, Collecting Billions While Nearly Destroying the Company Former CEO Whitman's record of gross incompetence, massive waste and personal enrichment is breathtaking. That the media isn't talking about it is incredible.
With the elections for governor just around the corner, most California voters probably think they have a pretty good grasp of the pros and cons of Republican candidate Meg Whitman: on the downside, she's an aloof billionaire who can't be bothered to vote or remember her own servants' names after nine years, and she's dabbled in the sort of insider double-dealing with Goldman Sachs that's brought the nation's economy to its knees.
But what few people outside of the investment community know is what a disaster Meg Whitman's business career really was. In fact, Meg Whitman's record in the corporate world reads like a laundry list of failure: it's a resume marked by fraud, gross incompetence, wasteful spending and gross disregard for anyone's interests but her own. In her obsessive drive to become a billionaire, Whitman left a legacy of bitterness among untold numbers of jilted employees, shareholders and eBay clients, while enriching herself and a handful of fellow executives and investment bankers.
