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  #1  
Old 02-04-2008, 10:40 PM
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Join Date: May 2002
Location: Blue Point, NY
Posts: 25,396
Quote:
Originally Posted by mrhills0146 View Post
Clearly, the...........shareholders don't think so.
..........and your source for this tidbit would be..........????


The shareholders of HD were absolutely outraged at the amount paid to Nardelli upon his departure..........many shareholders are not pleased with the bonuses.
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  #2  
Old 02-05-2008, 07:19 AM
mrhills0146
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Originally Posted by Brian Carlton View Post
..........and your source for this tidbit would be..........????

The shareholders of HD were absolutely outraged at the amount paid to Nardelli upon his departure..........many shareholders are not pleased with the bonuses.
Are they not free to vote any or all of the directors out?
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  #3  
Old 02-05-2008, 09:52 AM
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Join Date: May 2002
Location: Blue Point, NY
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Originally Posted by mrhills0146 View Post
Are they not free to vote any or all of the directors out?
..........in theory..........it could possibly happen. In practice, no.........the directors generally do what they want..........unless there is a very large voting bloc. Some pension funds had managed to get some leverage regarding forcing certain Boards, but it's very rare.

You hold an idealistic sense of how a corporation operates.........just like many conservative members of this board. Unfortunately, it's not reality.
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