September 29th, 2008
01:00 PM ET
10 years ago

Obama ad targets Fiorina

A new Obama ad targets Carly Fiorina.

A new Obama ad targets Carly Fiorina.

(CNN) - Barack Obama is targeting a John McCain advisor's former compensation as a Fortune 500 CEO in a new television ad running nationally.

The 30-second spot goes after executive pay and is specifically critical of Carly Fiorina, the current McCain advisor who was ousted as the head of Hewlett-Packard in 2005. The company doled out $21 million in severance to her, and reportedly another $21 million worth of stock and pension.

"John McCain's advisor, Carly Fiorina. The fired CEO who left with $42 million," the ad's narrator says. "Barack Obama says it's got to change."

The ad, called "Parachute," also attacks Washington Mutual CEO Alan Fishman, who reportedly could get $19 million worth of compensation, even though the bank failed last week.

"You've got corporate executives who are giving themselves million dollar golden parachutes and leaving workers high and dry," Obama says in the ad. "That's wrong. It's an outrage."

Fiorina had been a prominent surrogate for McCain, but she was promptly removed from the cable news circuit earlier this month after she said neither John McCain no Sarah Palin was qualified to run a major corporation.

soundoff (236 Responses)
  1. Stacy from Loudoun County, VA

    Not to mention Cash-out Carly's support of sending jobs overseas. Not to mention her slash and burn CEO techniques, where she just flatly laid out over 20,000 employees to make way for her bonus and to give the stocks "a bump". This woman should not be anywhere near the White House advising anybody on anything. She is part of the problem in modern American economics.

    September 29, 2008 01:31 pm at 1:31 pm |
  2. DR in Los Angeles

    Yes indeed, IT IS TIME FOR CHANGE!!! No more golden parachutes!

    Obama in'08!!

    September 29, 2008 01:31 pm at 1:31 pm |
  3. joe m

    sad and amazing how far the obama team has gone to the dark side to win this race. when this all began i was hoping that obama would stay away from all this name calling and nasty attacks. i had the same hopes for the mccain team. in the end both these men have proven to me that washington is a virulent pathogen that contaminates and ruins evne the best of people.

    September 29, 2008 01:31 pm at 1:31 pm |
  4. Ken in Dallas

    A spending freeze? Isn't that what you do when you get into office on the premise that government doesn't work?

    A government spending freeze stops government from getting anything done. It's a way of demonstrating government failure and making failure a way of life.

    September 29, 2008 01:32 pm at 1:32 pm |
  5. Fire Rick Davis

    Fiorina was one to talk – she wasn't qualified to run a major corporation either.

    I wish there were more scrutiny an interest over the candidates' top advisors. These are the people that will be running the White House next year, and their influence in shaping policy is extraordinary. Obama surrounds himself with some of the finest minds from business and academia in the country. McCain surrounds himself with jokers like Phil "mental recession" Gramm, Carly "golden parachute" Fiorina, Randy "neocon whacko" Scheuneman, and Rick "taking money from Freddie Mac until last month to buy access to McCain" Davis. The contrast couldn't be sharper.

    September 29, 2008 01:32 pm at 1:32 pm |
  6. tulsa

    I agree with "Mccain is a liar"

    Did anyone question what would happen if McCain actually DID THIS?
    Talk about a knee-jerk response.
    Obama, once again being calm and thoughtful, said that a scalpel, not an axe was needed.
    Score one more for Obama.

    September 29, 2008 01:32 pm at 1:32 pm |
  7. bigmike

    To put these 24 hours in context, you must remember that McCain not only knows little about the economy but that he has not previously expressed any urgency about its meltdown. It was on Sept. 15 — the day after his former idol Alan Greenspan pronounced the current crisis a “once-in-a-century” catastrophe — that McCain reaffirmed for the umpteenth time that the “fundamentals of our economy are strong.” As recently as Tuesday he had not yet even read the two-and-a-half-page bailout proposal first circulated by Hank Paulson last weekend. “I have not had a chance to see it in writing,” he explained. (Maybe he was waiting for it to arrive by Western Union instead of PDF.)

    September 29, 2008 01:32 pm at 1:32 pm |
  8. Louis

    How many houses and cars does this failed CEO have?

    September 29, 2008 01:32 pm at 1:32 pm |
  9. Seattle Sue

    tgram++++++++I understand that Alan Fishman was only at Washington Mutual 18 days. But he was probably a Republican and you know how much they are worth.

    September 29, 2008 01:32 pm at 1:32 pm |
  10. Maddie, Hartford, Ct.

    42 million? Who qualifies to be in McCain's "elitist" group? "Maverick," "elitist" and oh, "liberal." The McCain camp has got to come up with some new catchy words.

    September 29, 2008 01:33 pm at 1:33 pm |
  11. bigmike

    As a result, Ms. Fiorina has been buzzed about as a potential commerce or Treasury secretary or even as a McCain running mate, although some Republicans close to Mr. McCain swiftly dismiss the idea of her as vice president. But the view within the campaign is that it can only help Mr. McCain’s standing among women to have Ms. Fiorina mentioned as a possibility for high-profile office in a McCain administration, particularly when he is trying to win over the supporters of Senator Hillary Rodham Clinton.

    September 29, 2008 01:33 pm at 1:33 pm |
  12. mattie

    Every bit of it is about greed.Not the average worker American.

    September 29, 2008 01:33 pm at 1:33 pm |
  13. facts are facts

    Anyone who is a Republican and tells the truth is not espousing the GOP platform. McCain and Palin keep telling the same lies over and over again long after they have been exposed as lies.

    The entire McCain campaign has been designed to attract the most gullible of America's society and leaves the inference that they think voters can't figure out anything for themselves.

    of course with the GOP powerful effectively continuing on with their abuses of power in the Alaskan scandal of troopergate where Sara's appointed Attorney General advised people subpeonied they didn't have to comply kind of sounds like the way Bush's main man Alberto Gonzales corrupted the justice system throughout the rest of America.

    September 29, 2008 01:33 pm at 1:33 pm |
  14. Lisa T

    The ultimate war ticket...
    McCain: POW
    Palin: MIA

    No way. No How. No McCain. No Palin!

    September 29, 2008 01:33 pm at 1:33 pm |
  15. irony

    mccain and palin don't bother with the truth anymore. Keep telling people lies and they will chant USA, USA, USA. pain is mired in an investigation that she has stone-walled since being nominated. Is this the "transperency" she and mccain want to bring to Washington? mccain says everyone wants reform and change and he is right. The problem with his argument is he and his republican party are the culprits and America wants to change from their lies, corruption and deceit. It is glaringly obvious that mccain did not trust palin to run the campaign for 12 hours while he was having dinner with the traitor lieberman why should we trust her to be VP and possibly the president?

    September 29, 2008 01:33 pm at 1:33 pm |


    September 29, 2008 01:33 pm at 1:33 pm |
  17. Michael

    Alan Fishman hasn't been there 3 years. He's been there 3 WEEKS.

    September 29, 2008 01:33 pm at 1:33 pm |
  18. FactCheck

    What about his campaign manager being on the payroll to lobby for Freddie and Fannie up until last month? Newsweek just broke the story fully by following the money trail.

    September 29, 2008 01:33 pm at 1:33 pm |
  19. nani

    Anybody who believes Obama will make a good prsident are idiots.
    He is dangerous for the future of America.
    You vote for him and america wil never be the same. Socialist, 3th world country. that is the future with Obama!.

    September 29, 2008 01:33 pm at 1:33 pm |
  20. sabrina01

    yes CEO is who he looks out for

    September 29, 2008 01:34 pm at 1:34 pm |
  21. Mary L

    Give them Hell Barack!!!!!!!!!

    September 29, 2008 01:34 pm at 1:34 pm |
  22. Brian

    John McCain scares the living daylights out of me. If he's proved one thing... it's that you have no idea what he's going to do next.

    He says one thing and does the other. He proposes a plan and then changes his mind on it the following day. He goes to Washington to "help" and derails the process. He has the choice of 100 qualified candidates for VP and picks Sarah Palin. He gets word of a hurricane in the gulf and threatens to postpone the RNC.

    I'm beginning to think he might not be the second coming of George W. Bush — he'll be far, far worse! John McCain cannot be relied upon!

    Obama/Biden '08!!!

    September 29, 2008 01:34 pm at 1:34 pm |
  23. Listen to Our Children

    It's easy with NO EXPERIENCE to point fingers at people, it's hard with NO experience to fingers at yourself and say I have generated NO legislation in the 143 days since I took the Senators office and NO practical experience with foreign affairs outside of my world wind trip recently and can take office on day 1 with OJT as my #1 goal

    I said I was for change and you get what you see and my running mate who's been in Washington D.C longer than John McCain...but if I can continue to point my finger maybe you'll forget who really has the EXPERIENCE to start on Day#1 with action not WORDs..

    That's John McCain

    Please listen to our children and don't vote away their futures ..VOTE NO on the BAILOUT BILL...or I'll vote NO for you!~

    September 29, 2008 01:34 pm at 1:34 pm |
  24. Cindy

    Don't let Mccain fool you, he is part of the problem!! NOT THE SOLUTION, although he's been trying to proce otherwise!

    In his wise judgment he selected Sarah Palin a dodger of subpeonas- what normal person that you know of would be allowed to ignore a subpeona for the coutrs and still be allowed to continue a campaign instead of being put IN PRISON!!!!


    September 29, 2008 01:34 pm at 1:34 pm |
  25. Barney

    Anyone who wants to do a little homework on this mess should look at the following:

    1. 1982: Garn-St. Germain Depository Institutions Act
    2. 1987: Keating Five
    3. 1999: Gramm-Leach-Bliley Act
    4. 2000: Commodity Futures Modernization Act, which led to the rise of Credit Default Swaps

    The common thread? John McCain was involved in all of them.

    This mess goes clear back to the 1980s, folks. It flared up a few times, but has now become volcanic. It can no longer be ignored, hence our current situation.

    If I'm not mistaken, Obama, whom Mr. McDenial has accused of this mess, was still in college in the 80s.

    It's sad….. give it up, Grandpa.

    September 29, 2008 01:34 pm at 1:34 pm |
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