HP CEO: We're screwed (for the next few years)

Meg Whitman Yesterday, as President Barack Obama and Governor Mitt Romney were preparing to debate how to fix the country's economic mess, Hewlett-Packard CEO Meg Whitman was delivering a stunning confessional speech at HP's analyst briefing day, describing how bad things were at HP and making promises to fix them. She projected that the company would continue its headlong plunge in profits for at least another year—with a full rebound not in sight until 2016. Read the full story at ARS Technica.