CEO of Home Depot's Payoff

ThaldarinThaldarin Alonzi! Join Date: 2003-07-15 Member: 18173Members, Constellation
in Off-Topic
<div class="IPBDescription">... With that compensation ,wouldn't you wanna get fired?</div><a href="http://www.thenewstribune.com/opinion/story/6310371p-5502196c.html" target="_blank">http://www.thenewstribune.com/opinion/stor...p-5502196c.html</a>

Was catching up with The Late Late Show on YouTube and well Craig Ferguson mention the CEO of Home Depot's $210,000,000 pay off for screwing up the company's stock or something stupid, I don't know exactly. Although to be honest, I would try everything and anything to get fired for that, hell I would hump an animal for that amount of money, especially $20,000,000 cash upfront.
Off Topic Disagree Agree Awesome

Comments

  • DepotDepot The ModFather Join Date: 2002-11-09 Member: 7956Members
    As a shareholder all I can say is I'm damn glad he's gone, no matter the cost.
    Off Topic Disagree Agree Awesome
  • TychoCelchuuuTychoCelchuuu Anememone Join Date: 2002-03-23 Member: 345Members
    I would hump <i>two</i> animals.
    Off Topic Disagree Agree Awesome
  • eedioteediot Join Date: 2003-02-24 Member: 13903Members
    I would hump tycho and pretend to enjoy it.

    For the full $210,000,000 though.
    Off Topic Disagree Agree Awesome
  • SkulkBaitSkulkBait Join Date: 2003-02-11 Member: 13423Members
    This is pretty standard corporate logic. They offer CEOs huge severance packages because they figure that things like that will attract good CEOs.
    Of course, they could take that money and pay it to all the people who actually do the work that they make money off of. You know, the ones that are the first to be fired with a $0 severance to recoop the losses caused by a CEOs ######up? But that'd be crazy.
    Off Topic Disagree Agree Awesome
  • Lt_PatchLt_Patch Join Date: 2005-02-07 Member: 40286Members
    edited January 2007
    <!--quoteo(post=1600773:date=Jan 22 2007, 01:37 AM:name=SkulkBait)--><div class='quotetop'>QUOTE(SkulkBait @ Jan 22 2007, 01:37 AM) [snapback]1600773[/snapback]</div><div class='quotemain'><!--quotec-->
    This is pretty standard corporate logic. They offer CEOs huge severance packages because they figure that things like that will attract good CEOs.
    Of course, they could take that money and pay it to all the people who actually do the work that they make money off of. You know, the ones that are the first to be fired with a $0 severance to recoop the losses caused by a CEOs ######up? But that'd be crazy.
    <!--QuoteEnd--></div><!--QuoteEEnd-->
    QFT

    Screw the guys earning millions a year, pay the people making those millions and working for minimum wage better...
    Off Topic Disagree Agree Awesome
  • ThaldarinThaldarin Alonzi&#33; Join Date: 2003-07-15 Member: 18173Members, Constellation
    That would be ethical. That voids the rules to being a big corporation.
    Off Topic Disagree Agree Awesome
  • Crono5Crono5 Join Date: 2003-07-22 Member: 18357Members
    <!--quoteo(post=1600783:date=Jan 21 2007, 09:15 PM:name=Thaldarin)--><div class='quotetop'>QUOTE(Thaldarin @ Jan 21 2007, 09:15 PM) [snapback]1600783[/snapback]</div><div class='quotemain'><!--quotec-->
    That would be ethical. That voids the rules to being a big corporation.
    <!--QuoteEnd--></div><!--QuoteEEnd-->

    I hear that Bill Gates donates to charity. He sounds like a nice guy.
    Off Topic Disagree Agree Awesome
  • SkulkBaitSkulkBait Join Date: 2003-02-11 Member: 13423Members
    I've heard that most of the Gate's foundation's charitable works can be traced back to equally charitable contribution to Bill Gates. Can't really back that up though.
    Off Topic Disagree Agree Awesome
Sign In or Register to comment.