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Meg Whitman

Monday, Sep 27, 1999 4:00 PM UTC1999-09-27T16:00:00Zl, M j, Y g:i A T

Memo to an insta-millionaire

Congratulations! As Webvan's new CEO you're a winner at stock-option Monopoly: Just pass "Go" and collect millions!

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From:
E.Z. Money
President
Internet Economics Inc.

To:
George Shaheen
Incoming Chief Executive Officer

Webvan Group

Dear Mr. Shaheen,

Welcome to your new office. As you know, you are a lucky man. You are entering the grocery business, and are about to take over as CEO of Webvan, just in time for its initial public offering. Here at Internet Economics Inc., we’ve taken care of everything. We’ve already got seven (count ‘em, seven) investment banks working for you. Sure, you used to have to get through the hard part — leading a company to the point where it could go public — before you could cash in; but you don’t have to worry about most of that. The boys at Goldman Sachs say all we need to do now is print up the prospectuses, and we’re ready to hit the Nasdaq. Just sit back and enjoy the ride.

We’ve taken the liberty of granting you 1.25 million shares of common stock. We’re planning to go public at $11 to $13 a share, so that’s probably about $15 million for you. (We know you’re already a millionaire, but as you know from 30 years at Andersen Consulting, a million here and a million there can really add up.) There will be vesting periods and such, but we’re sure your people have already taken care of that — accelerated vesting in case of a sale, severance agreements, all that other stuff.

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Mark Gimein is a staff writer for Salon Technology.  More Mark Gimein

Tuesday, Feb 1, 2011 1:26 AM UTC2011-02-01T01:26:00Zl, M j, Y g:i A T

Final Meg Whitman tally: $178.5M

Finance reports reveal that the gubernatorial candidate spent nearly 180 million dollars en route to a loss

Final Meg Whitman tally: $178.5M

New campaign finance reports show Jerry Brown spent about $36.5 million in his successful bid to become governor of California, a fraction of the $178.5 million spent by his Republican opponent, billionaire Meg Whitman.

In reports filed Monday with the secretary of state’s office, Brown’s campaign reported spending $29 million on TV and radio ads placed by a Georgia-based Democratic advertising firm, LUC Media.

Whitman, the former eBay chief executive, shows she tapped $144 million from her personal fortune and raised the rest from donors.

The 2010 California governor’s race was the highest-spending campaign for statewide office in the nation’s history.

Brown was aided by at least $26 million in spending by outside groups, mostly labor unions.

  More AP/Salon

Friday, Oct 22, 2010 8:23 PM UTC2010-10-22T20:23:00Zl, M j, Y g:i A T

More trouble for Meg Whitman’s son

Griff Harsh, son of the California gubernatorial candidate, was accused of rape in 2006

California Republican gubernatorial candidate Whitman gestures at a news conference in San Rafael

California Republican gubernatorial candidate Meg Whitman gestures at a news conference following her debate with Democratic candidate Jerry Brown at Dominican University in San Rafael, California October 12, 2010. REUTERS/Robert Galbraith (UNITED STATES - Tags: POLITICS) (Credit: © Robert Galbraith / Reuters)

The actions of a candidate’s child are relevant to a campaign only to the degree that the candidate leans on his or her record as a parent to sell him or herself to the voters. (Unless the kids are working for the campaign or acting as surrogates, obviously.) California gubernatorial candidate Meg Whitman doesn’t even have photos of her adult sons on her campaign website — although her excuse for never voting was that she was focused, at the time, on being a mother. She’s got a reputation as something of a bully, and there’s a wealth of evidence that her sons, Griff and Will Harsh, are monstrously entitled. And as Gabriel Winant wrote, the last time news of Griff’s misadventures made the news, “the Harsh boys are neither vulnerable nor irrelevant.”

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Alex Pareene

Alex Pareene writes about politics for Salon. Email him at apareene@salon.com and follow him on Twitter @pareene  More Alex Pareene

Thursday, Oct 14, 2010 3:14 AM UTC2010-10-14T03:14:00Zl, M j, Y g:i A T

Is “whore” the N-word for women?

Chris Matthews and Willie Brown didn't like the way Jerry Brown handled Tom Brokaw's provocative question. I did

Jerry Brown, Meg Whitman

Republican Meg Whitman debates against Democrat Jerry Brown at Dominican University of California in San Rafael, Calif., Tuesday, Oct. 12, 2010 for their third and final debate. Brown is California Attorney General. Whitman is former CEO of eBay. (AP Photo/Rich Pedroncelli, pool) (Credit: AP)

I already wrote the serious critique of Tuesday night’s debate between California gubernatorial candidates Jerry Brown and Republican Meg Whitman. I predicted all the post-game wraps would focus on the pair sparring over the twin “scandals” in the debate: Whitman hiring an undocumented worker and then firing her precipitously nine years later, vs. a Brown campaign aide suggesting Whitman might be tagged a “whore” for going easy on law enforcement pensions in exchange for a law enforcement union endorsement. Sadly, I was right. I got trapped in the vortex of the “whore” debate on “Hardball” today, and I’m not sure I made my way out.

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Joan Walsh

Joan Walsh is Salon's editor at large.  More Joan Walsh

Wednesday, Oct 13, 2010 6:13 AM UTC2010-10-13T06:13:00Zl, M j, Y g:i A T

California’s stark choice for governor

Whitman makes a stand for the investor class while Brown preaches fiscal limits and moral generosity in last debate

Jerry Brown, Meg Whitman

Republican Meg Whitman debates against Democrat Jerry Brown at Dominican University of California in San Rafael, Calif., Tuesday, Oct. 12, 2010 for their third and final debate. Brown is California Attorney General. Whitman is former CEO of eBay. (AP Photo/Rich Pedroncelli, pool) (Credit: Rich Pedroncelli)

Politics and government are depressing and broken right now, no place more than in California. And yet Tuesday night’s gubernatorial debate was weirdly encouraging. Californians face a stark choice between former eBay CEO Meg Whitman and former Gov. Jerry Brown, and in their clash, they didn’t try to blunt their sharp edges. Moderator Tom Brokaw let them go at one another, and it was fun to watch the two trade barbs and actually appear to care about who gets to run this once-great state.

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Joan Walsh

Joan Walsh is Salon's editor at large.  More Joan Walsh

Sunday, Oct 10, 2010 5:34 PM UTC2010-10-10T17:34:00Zl, M j, Y g:i A T

Giuliani stumps for Whitman

The former New York City mayor helps the GOP California governor candidate

Can Rudy Giuliani help Meg Whitman become California’s next governor?

The former New York City mayor and 2008 presidential candidate will appear with his fellow Republican in Los Angeles on Sunday, where they will talk to supporters in the San Fernando Valley.

Giuliani — who took a beating in his quest for the presidential nomination — endorsed Whitman last year. But he wasn’t Whitman’s favorite in the presidential race: She was an economic adviser to candidate Mitt Romney and, later, to GOP nominee John McCain.

Whitman is in a tight race with Democrat Jerry Brown.

  More Associated Press

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