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Top Techs Turn Drama Queens

It’s a reporter’s dream. How often do you get a constellation of stars like this

It's a reporter's dream. How often do you get a constellation of stars like this:

IBM is trying hard to ignore the fact that one of its own, a guy that was supposedly a heartbeat away from someday becoming its CEO, is currently looking at doing six months in jail for whispering family secrets in the ear of his mistress, a rapacious equities trader.

HP is reeling from the sudden dismissal of its star CEO for - take your pick - hiring a jade as the company's meeter-and-greeter, hitting on her but not getting anywhere - HP's the only company boring enough to have a sex scandal without any sex - then not giving her more work and giving the Playboy model-turned-single mother and her lawyer the chance to hold HP's toes to the fire.

And now 25% of Dell's long-suffering stockholders - recently informed that the company's success from 2002 to 2006 was due to millions in kickbacks from Intel that kept Dell shot of AMD - have withheld their support of Michael Dell returning to the Dell board.

Dell, the company, had to pay the SEC $100 million for a mess of financial peccadilloes - like misstating its real numbers and, separately, Dell, the CEO, had to pay $4 million out of his own pocket for not disclosing Intel's importance to the company. The company's been in the toilet since the payments stopped.

Apparently the share-owning pension funds of the AFL-CIO and the American Federation of State, County and Municipal Employees, who called for a protest vote at last week's stockholder meeting, aren't the only ones to think Dell should get itself a new chairman.

The Wall Street Journal quotes Patrick McGurn, special counsel to ISS, the proxy advisory firm, as saying "Anything over 20% is something that boards take notice of - and pay attention to." All Things Digital recalls that even Yahoo co-founder and CEO Jerry Yang had better numbers than Dell and look what happened to him.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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