More on Ruckus Over Nardelli's Compensation and Home Depot's Independent Directors

I sort of felt obligated to come back to this when I saw the NYT article linked below, as I had touched on it before.

It seems there are some HD stockholders with voices. The company now says that a majority of independent directors will have to approve Mr. Nardelli's compensation. How independent they are has yet to be seen, and in all fairness, there may be some pretty hefty sums built in to Mr. Nardelli's deal with Home Depot.


Home Depot to Review Pay - New York Times

Home Depot's Nardelli Gets $210 Million -- Stockholders Get Shaft

Back to Corporations 101: A pop quiz, with only one question: To whom do the profits of a corporation belong?

(a) To the Government
(b) To the Managers
(c) To the rank and file employees
(d) To the owners, the stockholders

The correct answer is (d) the owners, the stockholders. The other answers are incorrect.


Bloomberg.com: Worldwide