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Pastimes : Raymond L. Dirks Internet Research Tribunal Thread -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (448)	3/24/2005 9:44:00 PM
From: rrufff	Respond to of 544

That is an amazing story in many ways.

To: StockDung who wrote (448)	3/24/2005 10:25:57 PM
From: rrufff	Read Replies (3) \| Respond to of 544

Here is perhaps the best legal scam. Home Depot CEO Received $28.5M Thursday March 24, 9:04 pm ET Home Depot CEO Received $28.5 Million Last Year, Up From $22 Million the Previous Year WASHINGTON (AP) -- Home Depot Inc. paid Chairman and Chief Executive Robert L. Nardelli $28.5 million in total compensation for fiscal 2004, a 28 percent jump from the $22.2 million he received the prior year. The increase for the year ended Jan. 30 reflects in part a $5.75 million bonus, up from $4.5 million for fiscal 2003, and higher-valued equity grants, according to the home-improvement retailer's annual proxy filing. The $28.5 million pay figure, which excludes the value of stock-option grants, includes awards of restricted stock and deferred shares the company valued at $13.9 million. Nardelli's fiscal 2004 pay includes about $2.2 million related to forgiveness of a loan, roughly the same as a year ago, the Atlanta-based company said in a proxy filed with the Securities and Exchange Commission. Home Depot also said Nardelli's fiscal 2004 compensation includes $3.35 million related to tax and interest for the loan from fiscal 2000. Nardelli's salary was unchanged at $2 million, and he received 600,000 stock options, up from 565,000 for fiscal 2003 ended Jan. 31, 2004. Home Depot shares rose 33 cents to close at $38.03 Thursday on the New York Stock Exchange, near the midpoint of their 52-week trading range.