The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Joe Magyer, discuss the top business and investing stories.
In this segment, Hewlett-Packard (NYSE: HPQ) has written off $8 billion of the $11 billion the company paid last year for software company Autonomy, citing questionable accounting practices at the company, and now HP may face shareholder lawsuits as a result. We hear about just how big an issue these things may be for the company, as well as what the guys think is the worse issue here -- that HP's lack of a strategy meant it overpaid for a company that didn't fit with its core business.
Chris Hill, Jason Moser, Joe Magyer, and The Motley Fool have no positions in the stocks mentioned above. Motley Fool newsletter services recommend Dell. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.