Why Carly's Out

HP's ousted CEO, Carly Fiorina, tried to revive the Silicon Valley legend with the vision thing. What the company needs is far more fundamental

The last place Carly Fiorina expected to be last Wednesday was home. A hard-driving, jet-setting business titan, the CEO of Hewlett-Packard had a packed calendar that week, including a meeting with President Bush. She had recently returned from the World Economic Forum in Switzerland, where she always loomed large, even at an event stuffed with corporate Pooh-Bahs and heads of state. Now, holed up in her Los Altos Hills, Calif., home and protected by three security guards, she fielded e-mails from well-wishers and contemplated her next career move--just like so many other cashiered Silicon Valley denizens in recent years. Only none...

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