Fiorina Promised to Be Tough on Iran, but She Didn’t Count on This Ghost From Her Past Being Exposed

Fiorina-812-ThumbnailCarly Fiorina, a Republican candidate president and the former CEO of Hewlett-Packard, presents herself on the campaign trail as a hawk on Iran. She’s promising to take a hardline on the regime in Tehran.

However, during her time as the chief executive of HP, she “sold hundreds of millions of dollars’ worth of products to Iran through a foreign subsidiary, despite strict U.S. export sanctions,” Bloomberg reports.

While running the show at HP, Fiorina thwarted sanctions by dealing with Iran through European and Middle Eastern companies, allowing for the tech company to dominate the market in Tehran. By 2007, HP-made printers accounted for 41 percent of the total market share in the country, the report states . . .

As Bloomberg’s Josh Rogin writes, HP was engaging in potentially illegal activity, as U.S. companies were prohibited from exporting to Iran thanks to two executive orders signed by President Bill Clinton in 1995.

The U.S. Securities and Exchange Commission started to inquire about HP’s activities overseas following a 2008 Boston Globe exposé that tracked the company’s dealings with Iran. HP responded, denying that it had thwarted the law, but admitting that the company had sold $120 million dollars worth of products to Redington Gulf, which then sent the products to Iran. (Read more from “Fiorina Promised to Be Tough on Iran, but She Didn’t Count on This Ghost From Her Past Being Exposed” HERE)

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