Is this the same Home Depot who's board member Dick Grasso, ran the New York Stock exchange while they listed?
Yeah..no conflict of interest there..right?
Dick Grasso, NYSE CEO 1995-2003, on the board of directors for Home Depot 2002-2004.
One year overlap. At the most. Months aren't given, but I would bet it was under a year, and the overlap was caused by a transition period.
If you want to get into a conflict of interest with the same gentleman, this is your stick you can hit him with:
Dick Grasso NYSE CEO 1995-2003, on board of directors for Computer Associates 1994-2002...nearly the entire time he was CEO of the NYSE.
Richard Grasso
Computer Associates
What's the point here?
Both were conflicts.
And the contention is that Obama is not "business friendly" because he wants to introduce regulation that would keep this kind of behavior from happening.
Corporate governance..for lack of a better word..has been failing. And utterly failing.
They've been crying about regulation, and then when regulation is eased, they start the Tom Foolery that is self enriching and disasterous to the economy at large. And really, over the long term, this sort of thing bodes very badly for them.
Capitalism is really dependent on competition and a labor force with enough capital to buy goods and services - even perhaps invest in corporate entities. Monopolies and Obscenely wealthy elites are antithetical to that concept.