Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 01/15/2007 9:44:50 AM PST by Caleb1411
[ Post Reply | Private Reply | View Replies ]


To: Caleb1411

Corporate corruption at its finest.

The marketplace should punish Home Depot for squandering the money of its investors.

And that is that.


2 posted on 01/15/2007 9:56:14 AM PST by Stallone (War and Politics: When the Enemy begins to feel pain, they change their behavior to avoid it.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Caleb1411
People should know better.

This article criticizes Nardelli as a "greedy CEO" but that's ridiculous. He is not a CEO who performed badly, got fired, then said, "You know what? I'm not leaving unless you give me $100M! No, make that $200M! Oh, what the heck! I'm not leaving until you give me $240M!"

The Board of Directors hired the guy. They agreed to a certain compensation package. His time came, and they paid him what had been previously agreed upon.

How is the guy greedy? Far better to criticize the Board as dumb. And if the board is dumb, then they should be replaced by smarter people. Which begs the question: "How do you get smarter people to help run your company and make it successful?" Well, there is no easy answer, but one key ingredient is the willingness to pay top dollar.

3 posted on 01/15/2007 9:58:19 AM PST by ClearCase_guy (Enoch Powell was right.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Caleb1411
I love the way people who are barely competent as writers some how assume THEY are the Masters of the Universe and know better how Home Depot should run it business then it elected Board of Directors.

Here is a suggestion for all the pseudo "populists" posturing Socialists wanna beens pretending to be "Conservatives". Don't shop there and don't invest there.
4 posted on 01/15/2007 10:27:19 AM PST by MNJohnnie (I do not forgive Senator John McCain for helping destroy everything we built since 1980.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Caleb1411

These guys sign contracts when they're hired.
If the contract doesn't have a clause regarding the CEO's performance or financial health of the company before the CEO resigns or something of that nature, it's stupid, but too bad.


6 posted on 01/15/2007 11:00:46 AM PST by nuconvert ([there's a lot of bad people in the pistachio business] (...but his head is so tiny...))
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Caleb1411

When are liberals going to complain about overpaid celebrities & music stars? Where's the outrage over someone like Travolta making $20 million a picture?


12 posted on 01/15/2007 5:52:10 PM PST by Extremely Extreme Extremist (Why can't Republicans stand up to Democrats like they do to terrorists?)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Caleb1411

Unless you're a stockholder STFU. Ain't none of your business, commie.


13 posted on 01/15/2007 9:58:20 PM PST by jwh_Denver (Don't be near Ted Kennedy when his liver explodes.)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson