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

Obama ad targets Fiorina

[cnn-photo-caption image= caption="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. Roofin Reality, Houston, Tx.

    Not long after moving to Houston, the electric company (HL&P) laid off maybe 1,000 workers. Right before Chirstmas no less.
    One of the chief executives go what I think was a $5 million bonus.

    It seems to me that they could've saved half the workers, slashed the exec and saved even more money.

    It's really sad what happens.
    And specifically with Carly, Compaq lost a LOT of jobs after HP took them over. 15,000 if I remember correctly.

    And to Clinton Fringer,
    if she did get 60,000, good for her.
    Only numbers that matter right now are the poll numbers, which show her opponents up.

    September 29, 2008 02:05 pm at 2:05 pm |
  2. TC

    To The Former Hillary supporter:

    Are you that bitter you would be so stupid to vote for McCain/Palin when these two stand for everything Hillary is against. Shame on you for be so bitter. I hope the bitterness you have in your heart does not lead this country to even more financial ruin. You should be ashamed to call yourself a Hillary Supporter and say you are going to vote for McCain.

    September 29, 2008 02:06 pm at 2:06 pm |
  3. OhioGirl82

    "... she said neither John McCain no Sarah Palin was qualified to run a major corporation."

    The exact quote was that neither could McCain, Obama, nor Biden. Funny how CNN and mainstream media ALWAYS leave out the part about Obama and Biden. Fiorina did NOT leave that out.

    At least McCain and Palin have run something in their lives - that's a claim that neither Obama nor Biden can make. McCain was the head of various squadrons, including overseeing spending and performance. Palin has run small businesses and a city and a state.

    September 29, 2008 02:07 pm at 2:07 pm |
  4. Undecided White Male, That has now Decided

    I thought McPhoto Opp. suspended his campaign till the bail out crisis was taken care of. What a farce!!!! Instead he showed up in Washington to save the day and hurt it more by slowing down the talks. Plus he has his Vice President at band camp.

    Save us Obama/Biden 08'

    September 29, 2008 02:08 pm at 2:08 pm |
  5. Kathy

    When the Today show had an interview, they asked him about this Golden parachute, McCain's reply was that she earned it!!!

    Had enough yet???????

    September 29, 2008 02:08 pm at 2:08 pm |
  6. JB

    McCain can support a whole bucket, scutter bucket, of crooks and it's ok. Why? You know we are at a place where alot of you people need to face your prejudisms. Don't degrade Baracks character because you are a bigot. Face the fact that you are one and vote for the grumpy old white man. Barack is a man of integrity and he's smart as heck. He has had to face the toughest challenges and he has overcome them all. Being black is the biggest one of them all. He hasn't given up and is actually winning. That's a leader. All Mccain had to do was show up. If Barack was white we wouldn't be having this conversation. No one can take that away from him, even if he doesn't win. But If he doesn't win it will be your loss not his.

    September 29, 2008 02:08 pm at 2:08 pm |
  7. chelle

    Re the Meredith Viera interview...Has John McCain lost his mind?? Why would he say that??? 20,000 people lost their jobs and she performed well and deserved 42 MILLION dollars?????? He is lost in a barren land of saying things and not backing them up even a little bit..... How very sad.

    On a completely different note – Do Sarah Palin's children not need to go to school? Why are they flitting around the country with their mother? Shouldn't Todd be making sure they are in school and looked after – just like the Obamas?

    September 29, 2008 02:10 pm at 2:10 pm |
  8. quixt

    This is an ultra left wing blog. To bad because, there is no one able to discuss things rationally with. It is a big turnoff. I am trying to weigh all the issues with an open mind and with some integrity. This blog has a lot of like minded angry people – if that is not scary I don't know what is. How can you use reason when no one has ability to dicuss issues rationally and with a degree of professionalism – very boring. I'm a Independent – still undecided but people like this make me feel we need a counter weight to fend there hate off.

    September 29, 2008 02:10 pm at 2:10 pm |
  9. will

    Now let me try to understand this, if you are a top manager of an American Corporation you can receive a huge pay out when you are let go from your job, but when you are on the bottom and you are let go from your job all you get is let go!

    Will someone please tell me how can I get one of those jobs that pay a lot of money when I'm let go?

    McCain = no change

    Obama/Biden 2008

    September 29, 2008 02:10 pm at 2:10 pm |
  10. Fran, VT

    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! –Nani
    Anybody who believes Obama will make a good president is an idiot. He is dangerous for the future of America. If you vote for him, America will never be the same, but a socialist, third world country. That is the future with Obama! –Correction
    Dear Nani,
    I tried to correct your grammar, but had a difficult time. If you vote for Obama there will be extra money in your pocket so you can return to school.

    Obama/Biden 08

    September 29, 2008 02:10 pm at 2:10 pm |
  11. ModerateMom

    McCain = Experience? Um, I've had all the "Republican Experience" I can afford. Thanks but no thanks to Republican Policies!

    September 29, 2008 02:10 pm at 2:10 pm |
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