Oracle's Ellison Blasts HP Board for Hurd's Exit

Oracle ORCL Chief Executive Larry Ellison blasted Hewlett-Packard HPQ on Monday for forcing CEO Mark Hurd to resign. In an email sent to the New York Times and later provided to Reuters by Oracle, Ellison slammed HP's board for ousting Hurd -- a close friend -- even after the PC maker's board determined Hurd had not violated its sexual harassment policy. HP disputed Ellison's account of events. Hurd resigned on Friday after a probe into sexual harassment allegations turned up expense account abuses that HP said were intended to cover up his relationship with a female contractor. "The HP board just made the worst personnel decision since the idiots on the Apple AAPL board fired Steve Jobs many years ago," Ellison wrote. "In losing Mark Hurd, the HP board failed to act in the best interest of HP's employees, shareholders, customers and partners," he said. To read the rest, head over to FOX Business.