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Oversaw compaq and hp went into a tail spin, losing half its stock value and laying off 30,000 workers. >> the company is a disaster and continues to be a disaster. they still haven't recovered. >> by 2005, fiorina was very publicly and painfully fired. she stole 60 minutes about it. >> almost as if they meant to take you down a pig or two, that kind of thing. >> well, if that was their intent, they certainly succeeded in that. >> for wall street, it wasn't personal. it was business. >> as soon as fiorina was fired, hp stock rose 7% and "fortune" magazine's assessment was blunt. her run as ceo...

About hp. carly fiorina was the head of the tech company in 1999. no woman had ever risen to such heights in american business. >> we are not losing revenue as a result of this merger. >> reporter: but the headlines were even bigger when she oversaw the mega purchase of compaq and hp went into a tailspin, losing half of its stock value, laying off 30,000 workers. >> the company is a disaster and continues to be a disaster. they still haven't recovered. >> reporter: by 2005, fiorina was fired. although, as she told erin burnett, with the tech bubble bursting, other tech companies were doing the...

Carly was a little nasty to me. careful, carly. she ran hewlett-packard into the ground. her stock value tanked, that she l laid off tens of thousands of people, and she got viciously fired. >> and some are firing right back at him. >> i think all the bravado and the you're stupid kind of language, it doesn't really get us anywhere, but it also makes you think that imperiousness that he's just going to say, i'm donald trump and therefore it is so. >> it's not clear to me that donald trump is a republican first of all based on his wi willingness to run a third-party ticket. >> carson and cruz, ...

The ground. i said i will not say it. that her stock value tanked. and that she laid off tens of thousand of people. and she got viciously fired. i said i will not say that. and that she then went out and ran against barbara boxer, for the united states senate in california, and it is a race that should have been won, and she lost in a landslide. and i said i will not say that. okay? all right? so i am not going to say it. so our country has tremendous potential. we have to take back our jobs from china and all of the other people. we have to renegotiate our trade deals by getting people like ...

She ran hewlett-packard into the ground. i said, i will not say it. that her stock value tanked. that she laid off tens of thousands of people. and she got viciously fired. i said, i will not say that. >> that's donald trump just moments ago in hampton, new hampshire, talking about carly fiorina. fact check, largely true, basically about her record at hewlett-packard. joining me now, michelle goldberg from the nation and paul pierce, politics blogger for esquire.com, in iowa, of course, in clear lake, iowa, about a half hour away from the des moines state fair, there is the wing dings dinner, ...