Get ready for a big dose of "populism" over things like this from the new congress... Barney Frank and friends have been waiting 12 years for this kind of power...
1 posted on
01/03/2007 3:49:17 PM PST by
seacapn
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To: seacapn
Nardali drove the stock down. He was a quack.
2 posted on
01/03/2007 3:51:15 PM PST by
brivette
To: seacapn
Good! I hope this is only the beginning. There are many more, including Immelt at GE, that should also get the axe!
To: seacapn
It must be nice getting almost a quarter billion severance package. Usually people getting fired don't get bonuses. Had he turned HD around or something like it, it might not be so ridiculous.
4 posted on
01/03/2007 3:52:34 PM PST by
gcruse
(http://garycruse.blogspot.com/)
To: seacapn
"It's a sign of being totally out of touch," said Rep. Barney Frank, D-Mass., the incoming chairman of the House Financial Services Committee. "They don't understand the extent to which they make the American public angry."
Pot to Kettle: "You're black."
5 posted on
01/03/2007 3:53:03 PM PST by
L98Fiero
(A fool who'll waste his life, God rest his guts.)
To: seacapn
I would note that a plank in the Green party platform is for groups of "workers" greater than 12- the group elects their foreman (foreperson).
Gotta protect those "workers"
Shades of Lenin.
7 posted on
01/03/2007 3:55:56 PM PST by
ASOC
(The phrase "What if" or "If only" are for children.)
To: seacapn
11 posted on
01/03/2007 3:59:10 PM PST by
jdm
To: seacapn
The boards of these companies are really at fault. The CEO knows where all the bodies are buried and the boards want it kept secret. So they pay off-the CEO's.
He's no fool for taking the money. Thats for sure.
To: seacapn
Very few of these execs really deserve the pay they get. They get the pay because they have power within the organization, it's as simple as that.
No one can tell me, for example, that the hundreds of millions the Exxon CEO received were earned because the company made $10 billion. The company made $10 billion because the price of oil was up. It had nothing to do with the CEO.
To: seacapn
But he didn't leave empty-handed: the Atlanta-based company said Nardelli would receive a severance package worth roughly $210 million, an amount decried by some lawmakers as a golden parachute that sends the wrong message to investors. It sends an even worse message to employees.
18 posted on
01/03/2007 4:11:36 PM PST by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: seacapn; All; Normal4me
I very much prefer Lowe's over Home Depot. I have one of each located next door to each other and always go to Lowe's unless Home Depot has a paint color that I want. HD's lamps are total cr*p. I've bought three - each on different occasions and have had to return each one cause of the poor quality. Plus Lowe's has a greater variety and more knowledgeable employees.
19 posted on
01/03/2007 4:11:36 PM PST by
proudofthesouth
(Mao said that power comes at the point of a rifle; I say FREEDOM does.)
To: seacapn
Home Depot is alot like its hometown Atlanta: Sprawling, bland, and overrated.
22 posted on
01/03/2007 4:14:26 PM PST by
Clemenza
(Never Trust Anyone With a Latin Tagline)
To: seacapn
Home Depot is alot like its hometown Atlanta: Sprawling, bland, and overrated.
Ace is the place for me. ;-)
23 posted on
01/03/2007 4:14:42 PM PST by
Clemenza
(Never Trust Anyone With a Latin Tagline)
To: seacapn
Good, Bawney can show them how to run their busisnesses as efficiently as the gummit. What does Bawney's retirement package look like??
Pray for W and Our Troops
26 posted on
01/03/2007 4:16:57 PM PST by
bray
(Redeploy to Iran)
To: seacapn
The sales of companies would be greater and cheaper for consumers if they would quit throwing money down the toilet with these CEO's.
To: seacapn
I'll give you CEO's a great severence package."YOUR FIRED"!
To: seacapn
Nardelli oversaw several morale boosting changes at The Home Depot. These included cutting the tution benefit program, only allowing full timers to be eligable for tution benefits, and getting rid of the merit system where an employee could trade in 5 merit awards for 100.00.
37 posted on
01/03/2007 4:41:52 PM PST by
Hacksaw
(Frohe Weihnachten!)
To: seacapn
Bring back Arthur and Bernie. In the 6 years I've been there (part-time) much has been lost, but Home Depot is still an OUTSTANDING part-time job.
39 posted on
01/03/2007 4:51:21 PM PST by
PGalt
To: seacapn
According to Forbes, HD is the second-largest importer of containers from China, WalMart being in first place.
Doesn't seem to have helped them all that much.
52 posted on
01/03/2007 5:20:29 PM PST by
ikka
To: seacapn
Barney Frank belongs in the slammer for lying to congress.
54 posted on
01/03/2007 5:25:35 PM PST by
OldFriend
(THE PRESS IS AN EVIL FOR WHICH THERE IS NO REMEDY)
To: seacapn
For what????.... what ninny paid him $210-mil????
55 posted on
01/03/2007 5:29:19 PM PST by
pointsal
(q)
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