Oracle is leaving the Bay Area for Texas. Hewlett Packard’s HPE is too. Larry Ellison is moving to Hawaii. Elon Musk is heading to the Lone Star State. Is California hemorrhaging big businesses, because of its economic climate and tax policy?
Leon Panetta thinks so. He is of course the former Monterey Congressman, Secretary of Defense, White House Chief of Staff and CIA Director, who now leads the Panetta Institute
He is also on the Board of Directors of Oracle, and he’s worried about the future of the “California Dream.” For more, KCBS Radio's Doug Sovern was joined by Leon Panetta former Defense Secretary and White House Chief of Staff and a member of the board of Oracle
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