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California's Attorney General feels that Hewlett Packard (NYSE:HP Nasdaq:HP) broke the law when HP investigated its own board members. The AG's investigation continues but they are not sure about laying charges. How much time will senior management spend running the company and how much time will they spend trying to keep themselves out of jail? Was the investigation necessary? Who will eat HP's lunch when they inevitably miss something? Watch for an SEC investigation. They have to start one or look overly permissive of wrong doing.

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