The problem with Fiorina was political. Other members disputed her moves with mergers and her hiring philosophies. The tank of their stock was due to the dotcom bubble burst. But she hardly ran the company in the ground. Where many fell out due the dotcom crash, HP survived and is the top computer seller today. Hardly run into the ground.
I think sentiments about her abilities is debatable. The point is with LB - as is with everyone that is out there as a candidate - no one is good enough for him.
http://en.wikipedia.org/wiki/Carly_Fiorina
None of this is me throwing her out there as a good or bad candidate. Based on what I've read about her, she is very conservative on fiscal matters. But I'm not convinced on foreign matters.