HP’s Deal from Hell: The Mark-It-Up and Write-It-Down Two-Step

I don’t think that there can be any disagreement that Hewlett Packard (HPQ) had a terrible day on November 20. In a surprise announcement, the company announced that it was taking a write off of $8.8 billion of the $11.1 billion that it paid to acquire Autonomy, a UK based technology company, in October 2011, [...]