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Tonight: Meg Whitman to address businesswomen

Original post made on Jan 31, 2011

Former eBay CEO and gubernatorial candidate Meg Whitman of Atherton is expected to speak at a private event in Redwood City this evening.

Read the full story here Web Link posted Monday, January 31, 2011, 11:38 AM

Comments (13)

Posted by my advice, a resident of Menlo Park: Allied Arts/Stanford Park
on Jan 31, 2011 at 12:10 pm

Advice #1: don't try to buy an election for $200 million of your own money!
Think of how much good you can do by donating that money to charity instead.


Posted by MYOB, a resident of Menlo Park: Central Menlo Park
on Jan 31, 2011 at 12:27 pm

Dear My Advice,

How many jobs did you create?

By how much did you expand the economy?

Considering the SEIU spend over $430 M in the 2008 election cycle you have some nerve criticizing someone who used her own money rather than money extorted from union employees to buy an election.


Posted by Ranch Gal, a resident of Atherton: West Atherton
on Jan 31, 2011 at 12:46 pm

AMEN to MYOB! Many of my friends who were out of work found extra cash selling their items on eBay due to the creation of that company by Ms. Whitman. They are now entrepreneurs and "self employed" sellers on eBay. Thank you Ms. Whitman for creating JOBS not entitlements!
And for those of you that see the "West Atheton" neighborhood, I rent, not own.

To "My Advice" I would say that "donating $200 million to charity" sometimes results in giving money to those that "wont"rather than creating jobs for those that "will"....


Posted by anonymous, a resident of Menlo Park: Suburban Park/Lorelei Manor/Flood Park Triangle
on Jan 31, 2011 at 2:53 pm

Meg's reason to run was to cut her tax bill by eliminating the capital gains tax (see the debate video.)

It's republican values like that, and outsourcing for a buck, that helped ruin the economy, not working families banding together to defend their jobs from being shipped overseas. Extortion? Union jobs protect working families from the extortion of the "anything for a buck" corporations that outsource jobs overseas, and then don't pay US taxes anyway.

"The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005." Web Link

Ranch Gal: Destroying jobs in America, forcing folks to liquidate possessions on ebay, is not job creation. You think they want to peddle stuff on ebay, or get a real job?

Reminds me of Dick's tone deaf ebay remarks Web Link about people struggling in this economy.

They want jobs, not hand outs. And they didn't want Meg to destroy California's revenue base in the worst economy since the first republican Great Depression.

And to think: Meg could have won if she just listened to her advisers and settled with Nicky a year before the election, instead of settling for five grand after the election.

Five grand for $200 million.

Priceless.


Posted by Thomas, a resident of Menlo Park: Sharon Heights
on Jan 31, 2011 at 3:08 pm

Anonymous, you're right on the money. I would also add Ranch Gal has her facts wrong. Pierre Omidyar founded Ebay in 1995 and Ms. Whitman was not brought on board until 1998 and in my opinion not terribly bright...she just happened to be in the right place at the right time.
I would also point out that her boss, Mr. Omidyar ironically did not publicly support Ms. Whitman due to her alignment with Pete Wilson and their position on illegal immigration before the Nicky Diaz story ever surfaced.


Posted by question, a resident of Atherton: West Atherton
on Jan 31, 2011 at 3:30 pm

How much are rents in Atherton?


Posted by anonymous, a resident of Menlo Park: Suburban Park/Lorelei Manor/Flood Park Triangle
on Jan 31, 2011 at 3:41 pm

Let's see what Gal says. But you can have: $6500 / 3br - ***Sweet little Atherton home Web Link Or what appears to be a cottage on the property at a steal: $1k a month

Thomas: Meg's big deal was the Skype acquisition at $2 billion. How'd that work out?


Posted by Mars, a resident of Menlo Park: Felton Gables
on Jan 31, 2011 at 4:05 pm

Meg didn't create Ebay - she leached off of it.

I feel sorry for HP now that she is on their board. The HP Way is turning over in its grave (again!).

I don't see how you can be pro-business, and support Meg at the same time. We need innovation, not stagnation.


Posted by Hank Lawrence, a resident of Menlo Park: Sharon Heights
on Feb 1, 2011 at 10:57 am

Meg took a small floundering company and infused, discipline, innovativness, creativity and grew the comapny from one tottering on the brink of going out of business into a highly profitable and successful one.

Ebay rewarded her for her hard work and bottom line results. That is not exactly leeching off the company.


Posted by anonymous, a resident of Menlo Park: Suburban Park/Lorelei Manor/Flood Park Triangle
on Feb 1, 2011 at 12:05 pm

Hank:

"Ebay rewarded her for her hard work and bottom line results."

And she rewarded Goldman Sachs for rewarding her with IPO business. And Goldman rewarded her by putting Meg on Goldman's executive compensation committee. They steered tons of business to each other, and some of it got shady.

All of which got the SEC's attention, resulting in Goldman paying a $110 MILLION settlement for "spinning" and other shady deals during Meg's time there.

Don't remember that in her election literature.

Of course, Meg does settlements, doesn't she? Settled the physical assault incident against employees, settled with Nicky for five grand (after screwing up the election to the tune of a couple hundred million.) Settled with her son's school, building a $30 million dorm to keep him from being booted.

A $110 million settlement. Little wonder why republicans hate regulation. And why Goldman and the like donate so much to get rid of it.


Posted by anonymous, a resident of Menlo Park: Suburban Park/Lorelei Manor/Flood Park Triangle
on Feb 2, 2011 at 12:06 pm

Quite the accomplished career, up to this point. Wonder what she said?

"The books are closed on the most expensive non-presidential race in U.S. history, and defeated Republican candidate Meg Whitman's final tally is a record-breaking $178.5 million spent on her gubernatorial campaign.

That includes about $144 million of her own money, making her by far the biggest self-funding candidate in U.S. history. Despite the big bucks, the billionaire former CEO of online auction firm eBay lost to Democrat Jerry Brown by 13 percentage points."

-------------------

"Whitman spent $43.25 for every vote she got. GOP consultants and local TV stations in California will beg her to run again. And why not? She only got decimated by a retread Democrat who barely bothered to campaign in the most Republican electoral year in generations."

-------------------

The media sure wants her around, pumping up their profits in some future election cycle.

Talk about job creation!

Did she spend any at the Almanac? Maybe she'll run for Atherton town council.


Posted by anonymous, a resident of Menlo Park: Suburban Park/Lorelei Manor/Flood Park Triangle
on Feb 2, 2011 at 12:07 pm

sorry, source for initial article, Sac Bee: Web Link


Posted by Thomas, a resident of Menlo Park: Sharon Heights
on Feb 2, 2011 at 6:46 pm

Anonymous, one would hope that voters would not have been able to get past the fact that she was too busy to vote until 2002 and then took another five years (2007) to decide she was a republican. People that are genuinely interested in politics don't usually wait until they're 46 years old to vote.


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