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Funny.
I can appreciate sarcasm -- coming from a democrat or a republican.
I can appreciate sarcasm -- coming from a democrat or a republican.
Good for him.
Now let's see what happens when Obama raises his taxes.
Now let's see what happens when Obama raises his taxes.
What a Monster!
Geez, i wonder how many more jobs could have been created by the 210 million dollar severance package of the previous ceo.
http://articles.latimes.com/20...business/fi-hdepot25
quote:"I wish it were a trend," said Lowell Peterson, a New York labor attorney who is familiar with executive compensation issues. "I suspect it's unique to Home Depot because the pay and severance package given to Nardelli was so out of line."
Atlanta-based Home Depot said in a regulatory filing that Blake could earn as much as $8.9 million in total compensation this year.
That's a fraction of the $25.7 million a year on average that Nardelli received, excluding stock options.
Nardelli resigned earlier this month after six years at the helm of Home Depot amid a furor over his hefty compensation and Home Depot's lagging stock price. He was replaced by Blake, who was the company's vice chairman.
Nardelli left with a severance package worth about $210 million. Home Depot said Wednesday that Blake's compensation arrangement does not provide for payment of severance upon termination.
http://articles.latimes.com/20...business/fi-hdepot25
105, if they use this formula, like they did in L.A., with stimulus dollars!
http://www.ibtimes.com/article...lus-wendy-greuel.htm
http://www.ibtimes.com/article...lus-wendy-greuel.htm
quote:Originally posted by Jugflier:
Geez, i wonder how many more jobs could have been created by the 210 million dollar severance package of the previous ceo.quote:"I wish it were a trend," said Lowell Peterson, a New York labor attorney who is familiar with executive compensation issues. "I suspect it's unique to Home Depot because the pay and severance package given to Nardelli was so out of line."
Atlanta-based Home Depot said in a regulatory filing that Blake could earn as much as $8.9 million in total compensation this year.
That's a fraction of the $25.7 million a year on average that Nardelli received, excluding stock options.
Nardelli resigned earlier this month after six years at the helm of Home Depot amid a furor over his hefty compensation and Home Depot's lagging stock price. He was replaced by Blake, who was the company's vice chairman.
Nardelli left with a severance package worth about $210 million. Home Depot said Wednesday that Blake's compensation arrangement does not provide for payment of severance upon termination.
http://articles.latimes.com/20...business/fi-hdepot25
Hey Jug, that severance package money belongs, BELONGS to Home Depot, not to Obama and not to you. Home Depot used those funds in the manner they were contractually bound to. Now Home Depot actually created 320,000 jobs while Obama lies about his job creations. Jobs are evaporating faster than Obama can create them. I don't know how he ever made it as a community organizer.
quote:Jobs are evaporating faster than Obama can create them.
And when he did create them it came at a cost of 2 MILLION dollars per job.
Home Depot has a 32 year head start on their job creation strategery, and have lost 4,000 jobs in the last 2 years no doubt in part to the 20% drop in gross revenues. Everything will be OK as soon as O'Donnell turns OBama into a newt.
It seems the point to be made here is that the jobs are in the retail, not manufacturing. Retail jobs last until the custoemr runs out of money (then the stores are robbed). Credible job creation and sustained job growth only happens when something is produced. What we are missing in the debate of job creation is that the foundation has to be built upon the production of consumable products.
quote:Originally posted by RAN:
It seems the point to be made here is that the jobs are in the retail, not manufacturing. Retail jobs last until the custoemr runs out of money (then the stores are robbed). Credible job creation and sustained job growth only happens when something is produced. What we are missing in the debate of job creation is that the foundation has to be built upon the production of consumable products.
So simple, a cave man can understand it.