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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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#1
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
Just amazing.....
TMT Ex-Home Depot boss to lead New Chrysler By DEE-ANN DURBIN, AP Auto Writer Chrysler began its new life as a private company on Monday with an auto-industry outsider taking the wheel. Bob Nardelli, who left Home Depot in January after a shareholder rebellion over his outsized pay, was named to head the company, replacing Tom LaSorda, who is taking the No. 2 slot. Nardelli and LaSorda shared a handshake and posed for pictures during a celebratory event at Chrysler's headquarters in Auburn Hills. "We'll move forward with speed and a renewed focus on meeting the needs of our customers," Nardelli said. Some wondered what effect Nardelli's hiring would have on ongoing contract talks with the United Auto Workers, but Nardelli was quick to point out Monday that union President Ron Gettelfinger already has been contacted about the executive shake-up at Chrysler in a two-hour meeting. LaSorda, Chrysler LLC's newly named president and vice chairman, still will be at the forefront of "what could be a landmark negotiating period" not only for Chrysler, but for the auto industry, Nardelli said. Like other U.S. auto companies, Chrysler has been struggling to make a profit while sales were falling and pension and retiree health costs were rising. Chrysler made $1.8 billion in 2005 but lost $618 million in 2006 and $1.98 billion before interest and taxes in the first quarter of this year. DaimlerChrysler didn't report second-quarter earnings for Chrysler because of the impending sale. Chrysler also said Monday that following a nine-year hiatus, the Pentastar is coming back as the corporate mark for the company. First used as a logo in 1962, the five-pointed star is returning with a three-dimensional update. The symbol will be used on buildings, signage and corporate stationery. Former Chrysler executive Wolfgang Bernhard, a senior adviser to Cerberus, had been widely expected to be named chairman. He was offered a position with the company but elected not to accept it. On Friday, DaimlerChrysler AG transferred an 80.1 percent stake in Chrysler to New York-based Cerberus Capital Management LP, one of the world's largest private equity companies, in a $7.4 billion deal. The German automaker, which is to be renamed Daimler AG, retained a 19.9 percent interest in Chrysler. Cerberus Chairman John Snow previously had said Cerberus planned to keep Chrysler's management team in place and give it the freedom to implement its restructuring plan, which currently calls for shedding 13,000 hourly and salaried jobs in the U.S. and Canada by 2009. Nardelli helped increase revenue and profits at Home Depot and boost the number of stores the company operates. But he resigned from the company after it came under intense criticism for his hefty pay and slumping stock price. Nardelli left Home Depot with a golden parachute worth $210 million. Nardelli said Monday that his compensation at Chrysler would be based on the company's performance. Besides Nardelli and LaSorda, the 11-member Chrysler board now includes representatives from Cerberus and DaimlerChrysler, as well as independent directors. Chrysler's chief operating officer, Eric Ridenour, decided to leave the automaker after 23 years, Chrysler said. ___ Associated Press Writer David N. Goodman in Detroit contributed to this report. |
#2
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
"Too_Many_Tools" wrote in message oups.com... Just amazing..... TMT Ex-Home Depot boss to lead New Chrysler By DEE-ANN DURBIN, AP Auto Writer So now we can expect a maximum of one service tech per 50,000sq.ft. of service bay (and he'll be "at lunch"), and that all metal parts will be made in China. (one should inspect the back-side of each piece to make sure they washed off all the Coke Can imprinting). LLoyd |
#3
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
On Aug 6, 11:58 am, "Lloyd E. Sponenburgh"
wrote: "Too_Many_Tools" wrote in message oups.com... Just amazing..... TMT Ex-Home Depot boss to lead New Chrysler By DEE-ANN DURBIN, AP Auto Writer So now we can expect a maximum of one service tech per 50,000sq.ft. of service bay (and he'll be "at lunch"), and that all metal parts will be made in China. (one should inspect the back-side of each piece to make sure they washed off all the Coke Can imprinting). LLoyd LOL...unfortunately I suspect that you may right. In the next year I was going to buy a Chrysler mini van....I will not be now. I expect support for their products to drop to dismal levels as they extract value from the company. TMT |
#4
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
"Lloyd E. Sponenburgh" writes:
So now we can expect a maximum of one service tech per 50,000sq.ft. of service bay (and he'll be "at lunch"), and that all metal parts will be made Service is done by licensed franchisees, not Chrysler themselves. Chrysler could crack down on warranty reimbursement I suppose. |
#5
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
"Brian Elfert" wrote in message ... "Lloyd E. Sponenburgh" writes: So now we can expect a maximum of one service tech per 50,000sq.ft. of service bay (and he'll be "at lunch"), and that all metal parts will be made Service is done by licensed franchisees, not Chrysler themselves. Chrysler could crack down on warranty reimbursement I suppose. (Cut to sound of jet plane zooming over his head...... G) LLoyd |
#6
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
On Aug 6, 12:49 pm, Brian Elfert wrote:
"Lloyd E. Sponenburgh" writes: So now we can expect a maximum of one service tech per 50,000sq.ft. of service bay (and he'll be "at lunch"), and that all metal parts will be made Service is done by licensed franchisees, not Chrysler themselves. Chrysler could crack down on warranty reimbursement I suppose. Typicial approach is to starve the dealers and franchisees....to raise Chrysler's share of the take and of course the CEO's bonus. Google the sad story of Home Depot's decline under this guy....he was forced out for driving Home Depot, its staff and its suppliers into the ground....meanwhile he was raping the company for his own benefit. They did not hire this guy to raise the public's confidence in Chrysler...I suspect he will gut the company. Until I am proven wrong, I will be buying vehicles from companies from other than Chrysler. TMT |
#7
Posted to rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
Too_Many_Tools wrote:
Until I am proven wrong, I will be buying vehicles from companies from other than Chrysler. Do you ever post any metalworking threads? Wes |
#8
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
I spoke to some big-whigs at HD who implied fukn Nardelli left HD in
shambles. Which you woulda never suspected after Charlie Rose's incredible hour-long blow job of Nardelli, who basically claimed to be the savior of Merkin culture. I know Charlie's jaws ached for a week. -- ------ Mr. P.V.'d (formerly Droll Troll), Yonkers, NY Stop Corruption in Congress & Send the Ultimate Message: Absolutely Vote, but NOT for a Democrat or a Republican. Ending Corruption in Congress is the *Single Best Way* to Materially Improve Your Family's Life. The Solution is so simple--and inexpensive! entropic3.14decay at optonline2.718 dot net; remove pi and e to reply--ie, all d'numbuhs "Too_Many_Tools" wrote in message oups.com... Just amazing..... TMT Ex-Home Depot boss to lead New Chrysler By DEE-ANN DURBIN, AP Auto Writer Chrysler began its new life as a private company on Monday with an auto-industry outsider taking the wheel. Bob Nardelli, who left Home Depot in January after a shareholder rebellion over his outsized pay, was named to head the company, replacing Tom LaSorda, who is taking the No. 2 slot. Nardelli and LaSorda shared a handshake and posed for pictures during a celebratory event at Chrysler's headquarters in Auburn Hills. "We'll move forward with speed and a renewed focus on meeting the needs of our customers," Nardelli said. Some wondered what effect Nardelli's hiring would have on ongoing contract talks with the United Auto Workers, but Nardelli was quick to point out Monday that union President Ron Gettelfinger already has been contacted about the executive shake-up at Chrysler in a two-hour meeting. LaSorda, Chrysler LLC's newly named president and vice chairman, still will be at the forefront of "what could be a landmark negotiating period" not only for Chrysler, but for the auto industry, Nardelli said. Like other U.S. auto companies, Chrysler has been struggling to make a profit while sales were falling and pension and retiree health costs were rising. Chrysler made $1.8 billion in 2005 but lost $618 million in 2006 and $1.98 billion before interest and taxes in the first quarter of this year. DaimlerChrysler didn't report second-quarter earnings for Chrysler because of the impending sale. Chrysler also said Monday that following a nine-year hiatus, the Pentastar is coming back as the corporate mark for the company. First used as a logo in 1962, the five-pointed star is returning with a three-dimensional update. The symbol will be used on buildings, signage and corporate stationery. Former Chrysler executive Wolfgang Bernhard, a senior adviser to Cerberus, had been widely expected to be named chairman. He was offered a position with the company but elected not to accept it. On Friday, DaimlerChrysler AG transferred an 80.1 percent stake in Chrysler to New York-based Cerberus Capital Management LP, one of the world's largest private equity companies, in a $7.4 billion deal. The German automaker, which is to be renamed Daimler AG, retained a 19.9 percent interest in Chrysler. Cerberus Chairman John Snow previously had said Cerberus planned to keep Chrysler's management team in place and give it the freedom to implement its restructuring plan, which currently calls for shedding 13,000 hourly and salaried jobs in the U.S. and Canada by 2009. Nardelli helped increase revenue and profits at Home Depot and boost the number of stores the company operates. But he resigned from the company after it came under intense criticism for his hefty pay and slumping stock price. Nardelli left Home Depot with a golden parachute worth $210 million. Nardelli said Monday that his compensation at Chrysler would be based on the company's performance. Besides Nardelli and LaSorda, the 11-member Chrysler board now includes representatives from Cerberus and DaimlerChrysler, as well as independent directors. Chrysler's chief operating officer, Eric Ridenour, decided to leave the automaker after 23 years, Chrysler said. ___ Associated Press Writer David N. Goodman in Detroit contributed to this report. |
#9
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
"Too_Many_Tools" wrote in message oups.com... Just amazing..... TMT Ex-Home Depot boss to lead New Chrysler By DEE-ANN DURBIN, AP Auto Writer On Friday, DaimlerChrysler AG transferred an 80.1 percent stake in Chrysler to New York-based Cerberus Capital Management LP, one of the world's largest private equity companies, in a $7.4 billion deal. The German automaker, which is to be renamed Daimler AG, retained a 19.9 percent interest in Chrysler. Cerberus Chairman John Snow previously had said Cerberus planned to keep Chrysler's management team in place and give it the freedom to implement its restructuring plan, which currently calls for shedding 13,000 hourly and salaried jobs in the U.S. and Canada by 2009. There goes Mopar- John Snow is notorious for the mess he made of CSX during and after the Conrail merger. Snow has a talent for getting out just before the roof caves in. -Carl |
#10
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
Fox news/cnn quoted Lee Iacocca as being in shock from the Nardelli appt.
Mebbe chrysler will start using Home Depot parts. -- ------ Mr. P.V.'d (formerly Droll Troll), Yonkers, NY Stop Corruption in Congress & Send the Ultimate Message: Absolutely Vote, but NOT for a Democrat or a Republican. Ending Corruption in Congress is the *Single Best Way* to Materially Improve Your Family's Life. The Solution is so simple--and inexpensive! entropic3.14decay at optonline2.718 dot net; remove pi and e to reply--ie, all d'numbuhs "Too_Many_Tools" wrote in message oups.com... Just amazing..... TMT Ex-Home Depot boss to lead New Chrysler By DEE-ANN DURBIN, AP Auto Writer Chrysler began its new life as a private company on Monday with an auto-industry outsider taking the wheel. Bob Nardelli, who left Home Depot in January after a shareholder rebellion over his outsized pay, was named to head the company, replacing Tom LaSorda, who is taking the No. 2 slot. Nardelli and LaSorda shared a handshake and posed for pictures during a celebratory event at Chrysler's headquarters in Auburn Hills. "We'll move forward with speed and a renewed focus on meeting the needs of our customers," Nardelli said. Some wondered what effect Nardelli's hiring would have on ongoing contract talks with the United Auto Workers, but Nardelli was quick to point out Monday that union President Ron Gettelfinger already has been contacted about the executive shake-up at Chrysler in a two-hour meeting. LaSorda, Chrysler LLC's newly named president and vice chairman, still will be at the forefront of "what could be a landmark negotiating period" not only for Chrysler, but for the auto industry, Nardelli said. Like other U.S. auto companies, Chrysler has been struggling to make a profit while sales were falling and pension and retiree health costs were rising. Chrysler made $1.8 billion in 2005 but lost $618 million in 2006 and $1.98 billion before interest and taxes in the first quarter of this year. DaimlerChrysler didn't report second-quarter earnings for Chrysler because of the impending sale. Chrysler also said Monday that following a nine-year hiatus, the Pentastar is coming back as the corporate mark for the company. First used as a logo in 1962, the five-pointed star is returning with a three-dimensional update. The symbol will be used on buildings, signage and corporate stationery. Former Chrysler executive Wolfgang Bernhard, a senior adviser to Cerberus, had been widely expected to be named chairman. He was offered a position with the company but elected not to accept it. On Friday, DaimlerChrysler AG transferred an 80.1 percent stake in Chrysler to New York-based Cerberus Capital Management LP, one of the world's largest private equity companies, in a $7.4 billion deal. The German automaker, which is to be renamed Daimler AG, retained a 19.9 percent interest in Chrysler. Cerberus Chairman John Snow previously had said Cerberus planned to keep Chrysler's management team in place and give it the freedom to implement its restructuring plan, which currently calls for shedding 13,000 hourly and salaried jobs in the U.S. and Canada by 2009. Nardelli helped increase revenue and profits at Home Depot and boost the number of stores the company operates. But he resigned from the company after it came under intense criticism for his hefty pay and slumping stock price. Nardelli left Home Depot with a golden parachute worth $210 million. Nardelli said Monday that his compensation at Chrysler would be based on the company's performance. Besides Nardelli and LaSorda, the 11-member Chrysler board now includes representatives from Cerberus and DaimlerChrysler, as well as independent directors. Chrysler's chief operating officer, Eric Ridenour, decided to leave the automaker after 23 years, Chrysler said. ___ Associated Press Writer David N. Goodman in Detroit contributed to this report. |
#11
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
On Mon, 06 Aug 2007 09:20:17 -0700, Too_Many_Tools
wrote: [snip] Chrysler also said Monday that following a nine-year hiatus, the Pentastar is coming back as the corporate mark for the company. First used as a logo in 1962, the five-pointed star is returning with a three-dimensional update. The symbol will be used on buildings, signage and corporate stationery. I wonder how earnings might be improved if we left all the building sings alone? Stationery should be printed on local lasers JIT to further help. -- LRod Master Woodbutcher and seasoned termite Shamelessly whoring my website since 1999 http://www.woodbutcher.net Proud participant of rec.woodworking since February, 1997 email addy de-spam-ified due to 1,000 spams per month. If you can't figure out how to use it, I probably wouldn't care to correspond with you anyway. |
#12
Posted to rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
On Aug 6, 2:06 pm, Wes wrote:
Too_Many_Tools wrote: Until I am proven wrong, I will be buying vehicles from companies from other than Chrysler. Do you ever post any metalworking threads? Wes Aren't cars and trucks made of metal? :) TMT |
#13
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
On Aug 6, 4:53 pm, LRod wrote:
On Mon, 06 Aug 2007 09:20:17 -0700, Too_Many_Tools wrote: [snip] Chrysler also said Monday that following a nine-year hiatus, the Pentastar is coming back as the corporate mark for the company. First used as a logo in 1962, the five-pointed star is returning with a three-dimensional update. The symbol will be used on buildings, signage and corporate stationery. I wonder how earnings might be improved if we left all the building sings alone? Stationery should be printed on local lasers JIT to further help. -- LRod Master Woodbutcher and seasoned termite Shamelessly whoring my website since 1999 http://www.woodbutcher.net Proud participant of rec.woodworking since February, 1997 email addy de-spam-ified due to 1,000 spams per month. If you can't figure out how to use it, I probably wouldn't care to correspond with you anyway. Yeah...I laughed about that too....change the signs and all is forgiven. Maybe they should try offering better better quality, lower prices and better mileage....and pay the CEO a $1 a year. It would make me a customer again. TMT Now |
#14
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
On Aug 6, 4:52 pm, "Proctologically Violated©®"
wrote: Fox news/cnn quoted Lee Iacocca as being in shock from the Nardelli appt. Mebbe chrysler will start using Home Depot parts. -- ------ Mr. P.V.'d (formerly Droll Troll), Yonkers, NY Stop Corruption in Congress & Send the Ultimate Message: Absolutely Vote, but NOT for a Democrat or a Republican. Ending Corruption in Congress is the *Single Best Way* to Materially Improve Your Family's Life. The Solution is so simple--and inexpensive! entropic3.14decay at optonline2.718 dot net; remove pi and e to reply--ie, all d'numbuhs "Too_Many_Tools" wrote in message oups.com... Just amazing..... TMT Ex-Home Depot boss to lead New Chrysler By DEE-ANN DURBIN, AP Auto Writer Chrysler began its new life as a private company on Monday with an auto-industry outsider taking the wheel. Bob Nardelli, who left Home Depot in January after a shareholder rebellion over his outsized pay, was named to head the company, replacing Tom LaSorda, who is taking the No. 2 slot. Nardelli and LaSorda shared a handshake and posed for pictures during a celebratory event at Chrysler's headquarters in Auburn Hills. "We'll move forward with speed and a renewed focus on meeting the needs of our customers," Nardelli said. Some wondered what effect Nardelli's hiring would have on ongoing contract talks with the United Auto Workers, but Nardelli was quick to point out Monday that union President Ron Gettelfinger already has been contacted about the executive shake-up at Chrysler in a two-hour meeting. LaSorda, Chrysler LLC's newly named president and vice chairman, still will be at the forefront of "what could be a landmark negotiating period" not only for Chrysler, but for the auto industry, Nardelli said. Like other U.S. auto companies, Chrysler has been struggling to make a profit while sales were falling and pension and retiree health costs were rising. Chrysler made $1.8 billion in 2005 but lost $618 million in 2006 and $1.98 billion before interest and taxes in the first quarter of this year. DaimlerChrysler didn't report second-quarter earnings for Chrysler because of the impending sale. Chrysler also said Monday that following a nine-year hiatus, the Pentastar is coming back as the corporate mark for the company. First used as a logo in 1962, the five-pointed star is returning with a three-dimensional update. The symbol will be used on buildings, signage and corporate stationery. Former Chrysler executive Wolfgang Bernhard, a senior adviser to Cerberus, had been widely expected to be named chairman. He was offered a position with the company but elected not to accept it. On Friday, DaimlerChrysler AG transferred an 80.1 percent stake in Chrysler to New York-based Cerberus Capital Management LP, one of the world's largest private equity companies, in a $7.4 billion deal. The German automaker, which is to be renamed Daimler AG, retained a 19.9 percent interest in Chrysler. Cerberus Chairman John Snow previously had said Cerberus planned to keep Chrysler's management team in place and give it the freedom to implement its restructuring plan, which currently calls for shedding 13,000 hourly and salaried jobs in the U.S. and Canada by 2009. Nardelli helped increase revenue and profits at Home Depot and boost the number of stores the company operates. But he resigned from the company after it came under intense criticism for his hefty pay and slumping stock price. Nardelli left Home Depot with a golden parachute worth $210 million. Nardelli said Monday that his compensation at Chrysler would be based on the company's performance. Besides Nardelli and LaSorda, the 11-member Chrysler board now includes representatives from Cerberus and DaimlerChrysler, as well as independent directors. Chrysler's chief operating officer, Eric Ridenour, decided to leave the automaker after 23 years, Chrysler said. ___ Associated Press Writer David N. Goodman in Detroit contributed to this report.- Hide quoted text - - Show quoted text - I wonder how long it will take before the US Government will have to pick up the Chrysler pension obiligation? TMT |
#15
Posted to rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
On Aug 6, 2:06 pm, Wes wrote:
Too_Many_Tools wrote: Until I am proven wrong, I will be buying vehicles from companies from other than Chrysler. Do you ever post any metalworking threads? Wes Hey Wes....strange how you haven't been complaining about all the right wing spam that has been getting posted here lately but still find the time to single this post out? Isn't that discrimination? TMT |
#16
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
"Too_Many_Tools" wrote in message oups.com... On Aug 6, 4:52 pm, "Proctologically Violated©®" wrote: Fox news/cnn quoted Lee Iacocca as being in shock from the Nardelli appt. Mebbe chrysler will start using Home Depot parts. -- ------ Mr. P.V.'d (formerly Droll Troll), Yonkers, NY Stop Corruption in Congress & Send the Ultimate Message: Absolutely Vote, but NOT for a Democrat or a Republican. Ending Corruption in Congress is the *Single Best Way* to Materially Improve Your Family's Life. The Solution is so simple--and inexpensive! entropic3.14decay at optonline2.718 dot net; remove pi and e to reply--ie, all d'numbuhs "Too_Many_Tools" wrote in message oups.com... Just amazing..... TMT Ex-Home Depot boss to lead New Chrysler By DEE-ANN DURBIN, AP Auto Writer Chrysler began its new life as a private company on Monday with an auto-industry outsider taking the wheel. Bob Nardelli, who left Home Depot in January after a shareholder rebellion over his outsized pay, was named to head the company, replacing Tom LaSorda, who is taking the No. 2 slot. Nardelli and LaSorda shared a handshake and posed for pictures during a celebratory event at Chrysler's headquarters in Auburn Hills. "We'll move forward with speed and a renewed focus on meeting the needs of our customers," Nardelli said. Some wondered what effect Nardelli's hiring would have on ongoing contract talks with the United Auto Workers, but Nardelli was quick to point out Monday that union President Ron Gettelfinger already has been contacted about the executive shake-up at Chrysler in a two-hour meeting. LaSorda, Chrysler LLC's newly named president and vice chairman, still will be at the forefront of "what could be a landmark negotiating period" not only for Chrysler, but for the auto industry, Nardelli said. Like other U.S. auto companies, Chrysler has been struggling to make a profit while sales were falling and pension and retiree health costs were rising. Chrysler made $1.8 billion in 2005 but lost $618 million in 2006 and $1.98 billion before interest and taxes in the first quarter of this year. DaimlerChrysler didn't report second-quarter earnings for Chrysler because of the impending sale. Chrysler also said Monday that following a nine-year hiatus, the Pentastar is coming back as the corporate mark for the company. First used as a logo in 1962, the five-pointed star is returning with a three-dimensional update. The symbol will be used on buildings, signage and corporate stationery. Former Chrysler executive Wolfgang Bernhard, a senior adviser to Cerberus, had been widely expected to be named chairman. He was offered a position with the company but elected not to accept it. On Friday, DaimlerChrysler AG transferred an 80.1 percent stake in Chrysler to New York-based Cerberus Capital Management LP, one of the world's largest private equity companies, in a $7.4 billion deal. The German automaker, which is to be renamed Daimler AG, retained a 19.9 percent interest in Chrysler. Cerberus Chairman John Snow previously had said Cerberus planned to keep Chrysler's management team in place and give it the freedom to implement its restructuring plan, which currently calls for shedding 13,000 hourly and salaried jobs in the U.S. and Canada by 2009. Nardelli helped increase revenue and profits at Home Depot and boost the number of stores the company operates. But he resigned from the company after it came under intense criticism for his hefty pay and slumping stock price. Nardelli left Home Depot with a golden parachute worth $210 million. Nardelli said Monday that his compensation at Chrysler would be based on the company's performance. Besides Nardelli and LaSorda, the 11-member Chrysler board now includes representatives from Cerberus and DaimlerChrysler, as well as independent directors. Chrysler's chief operating officer, Eric Ridenour, decided to leave the automaker after 23 years, Chrysler said. ___ Associated Press Writer David N. Goodman in Detroit contributed to this report.- Hide quoted text - - Show quoted text - I wonder how long it will take before the US Government will have to pick up the Chrysler pension obiligation? ====================== Well, if they do, they'll at least know where it went--right into fuknBob Nardelli's off-shore bank accounts. -- ------ Mr. P.V.'d (formerly Droll Troll), Yonkers, NY Stop Corruption in Congress & Send the Ultimate Message: Absolutely Vote, but NOT for a Democrat or a Republican. Ending Corruption in Congress is the *Single Best Way* to Materially Improve Your Family's Life. The Solution is so simple--and inexpensive! entropic3.14decay at optonline2.718 dot net; remove pi and e to reply--ie, all d'numbuhs TMT |
#17
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
Proctologically Violated©® wrote:
I spoke to some big-whigs at HD who implied fukn Nardelli left HD in shambles. The financial press pretty much made that clear. |
#18
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OT - What Do Home Depot and Chrysler Have In Common?
Too_Many_Tools wrote:
On Aug 6, 2:06 pm, Wes wrote: Too_Many_Tools wrote: Until I am proven wrong, I will be buying vehicles from companies from other than Chrysler. Do you ever post any metalworking threads? Wes Aren't cars and trucks made of metal? :) They were, years ago. Now its done with a lot of flimsy plastic garbage and very litle metal. -- Service to my country? Been there, Done that, and I've got my DD214 to prove it. Member of DAV #85. Michael A. Terrell Central Florida |
#19
Posted to rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
Too_Many_Tools wrote:
Hey Wes....strange how you haven't been complaining about all the right wing spam that has been getting posted here lately but still find the time to single this post out? Isn't that discrimination? What right wing spam? I am into discernment, the non-racial version of discrimination. http://dictionary.reference.com/sear...&q=discernment So what metal working projects are you currently working on? If nothing is going on currently, tell us about past ones that you are proud of or learned from. Wes |
#20
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
Well,
We could start with one major differnece... Auto workers are union, Home Depot is very anti union.... and they get pretty well screwed allot of the time too. -- Kate ______ /l ,[____], l-L -OlllllllO- ()_)-()_)--)_) "Never let a stranger in your cab, your house, your life - unless he is a frind of labor" Jimmy Hoffa |
#21
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
"Too_Many_Tools" wrote *some sniping for clarity* Typicial approach is to starve the dealers and franchisees....to raise Chrysler's share of the take and of course the CEO's bonus. *I heard on the news last night that they are not going to pay him unless he does the job right. Google the sad story of Home Depot's decline under this guy....he was forced out for driving Home Depot, its staff and its suppliers into the ground....meanwhile he was raping the company for his own benefit. *You don't have to google it, you can just SEE it every time you walk into one of their stores. The decline is evident. They did not hire this guy to raise the public's confidence in Chrysler...I suspect he will gut the company. * I agree completely. Until I am proven wrong, I will be buying vehicles from companies from other than Chrysler. *Ain't NObody takin MY Jeep! Of course, I'm not in the market for a NEW one for quite awhile.... Kate ______ /l ,[____], l-L -OlllllllO- ()_)-()_)--)_) "Never let a stranger in your cab, your house, your life - unless he is a frind of labor" Jimmy Hoffa ----------- |
#22
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OT - What Do Home Depot and Chrysler Have In Common?
Kate wrote:
*Ain't NObody takin MY Jeep! Of course, I'm not in the market for a NEW one for quite awhile.... Neither am I. The new ones are just SUV's... 8^( What's next, keyless entry? |
#23
Posted to rec.woodworking,rec.crafts.metalworking
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OT - What Do Home Depot and Chrysler Have In Common?
"B A R R Y" wrote in message ... Kate wrote: *Ain't NObody takin MY Jeep! Of course, I'm not in the market for a NEW one for quite awhile.... Neither am I. The new ones are just SUV's... 8^( What's next, keyless entry? Mine _always_ had keyless entry... Just reach through one of the many holes in the rag, and open'er'up. LLoyd |
#24
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OT - What Do Home Depot and Chrysler Have In Common?
"B A R R Y" wrote in message ... Kate wrote: *Ain't NObody takin MY Jeep! Of course, I'm not in the market for a NEW one for quite awhile.... Neither am I. The new ones are just SUV's... 8^( What's next, keyless entry? *I hate to say this, but I wish it DID have keyless entry and power windows. I damn near ran off the road once while rolling down the passenger window, nearly spilled my latte and smeared mascara all over my face. Not to mention, when I corrected I dropped my cell phone on the passenger floor and had to reach for it! (kidding, just kidding) -- Kate ______ /l ,[____], l-L -OlllllllO- ()_)-()_)--)_) "Never let a stranger in your cab, your house, your life - unless he is a frind of labor" Jimmy Hoffa ----------- |
#25
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OT - What Do Home Depot and Chrysler Have In Common?
"Lloyd E. Sponenburgh" wrote in message ... "B A R R Y" wrote in message ... Kate wrote: *Ain't NObody takin MY Jeep! Of course, I'm not in the market for a NEW one for quite awhile.... Neither am I. The new ones are just SUV's... 8^( What's next, keyless entry? Mine _always_ had keyless entry... Just reach through one of the many holes in the rag, and open'er'up. LLoyd LOL... or just unzip it. K. |
#26
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OT - What Do Home Depot and Chrysler Have In Common?
Kate wrote:
"Lloyd E. Sponenburgh" wrote in message Mine _always_ had keyless entry... Just reach through one of the many holes in the rag, and open'er'up. LLoyd LOL... or just unzip it. K. That's the kind of stuff that made "There's only one Jeep" true. |
#27
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OT - What Do Home Depot and Chrysler Have In Common?
"Kate" wrote in message ... *I hate to say this, but I wish it DID have keyless entry and power windows. I damn near ran off the road once while rolling down the passenger window, nearly spilled my latte and smeared mascara all over my face. Not to mention, when I corrected I dropped my cell phone on the passenger floor and had to reach for it! Shoulda just told the kid to jump down there and get it. Oh - you're one of those moms who won't tell their kids anything, huh? -- -Mike- |
#28
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OT - What Do Home Depot and Chrysler Have In Common?
Kate wrote:
Neither am I. The new ones are just SUV's... 8^( What's next, keyless entry? *I hate to say this, but I wish it DID have keyless entry and power windows. I damn near ran off the road once while rolling down the passenger window, nearly spilled my latte and smeared mascara all over my face. Not to mention, when I corrected I dropped my cell phone on the passenger floor and had to reach for it! I use my cane to roll the passenger side window up or down in my '87 Ranger, just not while I'm driving. .. -- Service to my country? Been there, Done that, and I've got my DD214 to prove it. Member of DAV #85. Michael A. Terrell Central Florida |
#29
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OT - What Do Home Depot and Chrysler Have In Common?
On Aug 7, 11:04 am, "Kate" wrote:
"Too_Many_Tools" wrote *some sniping for clarity* Typicial approach is to starve the dealers and franchisees....to raise Chrysler's share of the take and of course the CEO's bonus. *I heard on the news last night that they are not going to pay him unless he does the job right. Google the sad story of Home Depot's decline under this guy....he was forced out for driving Home Depot, its staff and its suppliers into the ground....meanwhile he was raping the company for his own benefit. *You don't have to google it, you can just SEE it every time you walk into one of their stores. The decline is evident. They did not hire this guy to raise the public's confidence in Chrysler...I suspect he will gut the company. * I agree completely. Until I am proven wrong, I will be buying vehicles from companies from other than Chrysler. *Ain't NObody takin MY Jeep! Of course, I'm not in the market for a NEW one for quite awhile.... Kate ______ /l ,[____], l-L -OlllllllO- ()_)-()_)--)_) "Never let a stranger in your cab, your house, your life - unless he is a frind of labor" Jimmy Hoffa ----------- Typicial approach is to starve the dealers and franchisees....to raise Chrysler's share of the take and of course the CEO's bonus. *I heard on the news last night that they are not going to pay him unless he does the job right. When a public company wants to hide problems, it is easy. When a private company wants to hide problems, it is standard operating procedure. One of the reasons one never trusts a private company when you invest. My guess the story will be everything is great and he will be overcompensated as usual until one day...BOOM...the company files for bankruptcy. TMT |
#30
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OT - What Do Home Depot and Chrysler Have In Common?
B A R R Y wrote:
Proctologically Violated©® wrote: I spoke to some big-whigs at HD who implied fukn Nardelli left HD in shambles. The financial press pretty much made that clear. Actually the stock price languished but gross sales and profits rose quite substantially, the actually fiscal health of the company improved during his tenure....does one properly fiscally judge a company by actual operations or investor exuberance (subject to change on a whim)? As a consumer one might rightfully complain about service, employees or even his salary but consumers kept buying and HD made more money under his leadership. Rod |
#31
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OT - What Do Home Depot and Chrysler Have In Common?
On Aug 7, 6:06 pm, "Rod & Betty Jo" wrote:
B A R R Y wrote: Proctologically Violated©® wrote: I spoke to some big-whigs at HD who implied fukn Nardelli left HD in shambles. The financial press pretty much made that clear. Actually the stock price languished but gross sales and profits rose quite substantially, the actually fiscal health of the company improved during his tenure....does one properly fiscally judge a company by actual operations or investor exuberance (subject to change on a whim)? As a consumer one might rightfully complain about service, employees or even his salary but consumers kept buying and HD made more money under his leadership. Rod Well you may have a point.... http://www.usatoday.com/money/indust...nardelli_x.htm But as a consumer service, quality and price is everything...and after shopping for many years at Home Depot I am now a strong Lowes customer....waste my time and I am gone.... TMT |
#32
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OT - What Do Home Depot and Chrysler Have In Common?
On Aug 7, 6:06 pm, "Rod & Betty Jo" wrote:
B A R R Y wrote: Proctologically Violated©® wrote: I spoke to some big-whigs at HD who implied fukn Nardelli left HD in shambles. The financial press pretty much made that clear. Actually the stock price languished but gross sales and profits rose quite substantially, the actually fiscal health of the company improved during his tenure....does one properly fiscally judge a company by actual operations or investor exuberance (subject to change on a whim)? As a consumer one might rightfully complain about service, employees or even his salary but consumers kept buying and HD made more money under his leadership. Rod Another opinion.... http://www.businessweek.com/innovate...s_from_ho.html |
#33
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OT - What Do Home Depot and Chrysler Have In Common?
On Aug 7, 6:06 pm, "Rod & Betty Jo" wrote:
B A R R Y wrote: Proctologically Violated©® wrote: I spoke to some big-whigs at HD who implied fukn Nardelli left HD in shambles. The financial press pretty much made that clear. Actually the stock price languished but gross sales and profits rose quite substantially, the actually fiscal health of the company improved during his tenure....does one properly fiscally judge a company by actual operations or investor exuberance (subject to change on a whim)? As a consumer one might rightfully complain about service, employees or even his salary but consumers kept buying and HD made more money under his leadership. Rod And yet another... http://www.businessweek.com/innovate...ng_robert.html "Picking Robert Nardelli to Save Chrysler Is The Most Bone-Headed Idea Of 2007." I don't know if it is the MOST bone-headed idea....I think Bush has the corner on that prize. TMT |
#34
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OT - What Do Home Depot and Chrysler Have In Common?
On Tue, 7 Aug 2007 16:06:07 -0700, "Rod & Betty Jo"
wrote: As a consumer one might rightfully complain about service, employees or even his salary but consumers kept buying and HD made more money under his leadership. Rod That's not what I read on cbs.marke****ch.com and in the "Wall Street Journal": http://www.marke****ch.com/news/story/nardelli-poised-tackle-lengthy-chrysler/story.aspx?guid=%7BF16A2E7F%2D99F9%2D4D0C%2D9B5D%2 D3470323FB5D4%7D It was essentially the stockholders (remember them, the OWNERS?) who fired him. If the company was so profitable, I doubt the shareholders would have driven him out. Shareholders usually LOVE mavericks who return results. The only results Nardelli returned were to his own net worth. Got any news that proves otherwise? How about this? http://www.marke****ch.com/news/story/evidence-bad-management-plain-sight/story.aspx?guid=%7BECCA73E0%2D6623%2D47CA%2D89B6%2 DC3DE7CA509E0%7D --------------------------------------------- ** http://www.bburke.com/woodworking.html ** --------------------------------------------- |
#35
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OT - What Do Home Depot and Chrysler Have In Common?
B A R R Y wrote:
That's not what I read on cbs.marke****ch.com and in the "Wall Street Journal": Your confusing share price with actual company performance http://www.marke****ch.com/news/story/nardelli-poised-tackle-lengthy-chrysler/story.aspx?guid=%7BF16A2E7F%2D99F9%2D4D0C%2D9B5D%2 D3470323FB5D4%7D It was essentially the stockholders (remember them, the OWNERS?) who fired him. If the company was so profitable, I doubt the shareholders would have driven him out. Shareholders usually LOVE mavericks who return results. The only results Nardelli returned were to his own net worth. Got any news that proves otherwise? How about this? http://www.marke****ch.com/news/story/evidence-bad-management-plain-sight/story.aspx?guid=%7BECCA73E0%2D6623%2D47CA%2D89B6%2 DC3DE7CA509E0%7D Duh! Your link says "Now, is Home Depot done for? I don't think so. It has a good brand and market position, though a bit tarnished lately. It certainly seems a value at 12 times earnings, low double-digit sales growth and a relatively solid (for retail) 7% net profit margin" With a little research you will find sales increased around 100% and profits around 106% under his watch...as in more than doubled in 6 years. Many investors or stockholders care more about current share price than company fundamentals.....remember the dot.com boom and resultant bust? Many "wise" investors plunked billions into flaky not ever profitable soon to not exist companies. While in principle I deplore "excessive" corporate salaries I don't fault the guy for getting what he can but rather the "investors" for signing the contract...they offered, he accepted.....is he really supposed to refuse after the fact? Rod |
#36
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OT - What Do Home Depot and Chrysler Have In Common?
On Aug 7, 8:08 pm, "Rod & Betty Jo" wrote:
B A R R Y wrote: That's not what I read on cbs.marke****ch.com and in the "Wall Street Journal": Your confusing share price with actual company performance http://www.marke****ch.com/news/story/nardelli-poised-tackle-lengthy-... It was essentially the stockholders (remember them, the OWNERS?) who fired him. If the company was so profitable, I doubt the shareholders would have driven him out. Shareholders usually LOVE mavericks who return results. The only results Nardelli returned were to his own net worth. Got any news that proves otherwise? How about this? http://www.marke****ch.com/news/story/evidence-bad-management-plain-s... Duh! Your link says "Now, is Home Depot done for? I don't think so. It has a good brand and market position, though a bit tarnished lately. It certainly seems a value at 12 times earnings, low double-digit sales growth and a relatively solid (for retail) 7% net profit margin" With a little research you will find sales increased around 100% and profits around 106% under his watch...as in more than doubled in 6 years. Many investors or stockholders care more about current share price than company fundamentals.....remember the dot.com boom and resultant bust? Many "wise" investors plunked billions into flaky not ever profitable soon to not exist companies. While in principle I deplore "excessive" corporate salaries I don't fault the guy for getting what he can but rather the "investors" for signing the contract...they offered, he accepted.....is he really supposed to refuse after the fact? Rod Try looking at this comparsion between HD and Lowes.... http://www.usatoday.com/money/indust...nardelli_x.htm It doesn't look like they were doing that good. And let us not forget that we have just finished the biggest building boom in decades....which would make even a poorly run company look good...for awhile. TMT |
#37
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OT - What Do Home Depot and Chrysler Have In Common?
B A R R Y wrote:
Kate wrote: "Lloyd E. Sponenburgh" wrote in message Mine _always_ had keyless entry... Just reach through one of the many holes in the rag, and open'er'up. LLoyd LOL... or just unzip it. K. That's the kind of stuff that made "There's only one Jeep" true. So what you are saying is that everybody borrows it when they need it? ;-) -- If you're going to be dumb, you better be tough |
#38
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OT - What Do Home Depot and Chrysler Have In Common?
"Kate" writes:
*I hate to say this, but I wish it DID have keyless entry and power windows. I damn near ran off the road once while rolling down the passenger window, nearly spilled my latte and smeared mascara all over my face. Not to mention, when I corrected I dropped my cell phone on the passenger floor and had to reach for it! Please, please, please: there's a standard convention for separating out your new text from the text you're quoting. It's been worked out over literally decades, and it works. It may not work as well your new way of doing it, but it works. Suddenly seeing a post that uses a brand-new (and, to an old-timer, completely counterintuitive) way of quoting makes your posts really hard to read. I thank for not top-posting, of course, but... please. (I'd have emailed this, but you're using an invalid email address in order to avoid spam) |
#39
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OT - What Do Home Depot and Chrysler Have In Common?
Rod & Betty Jo wrote:
With a little research you will find sales increased around 100% and profits around 106% under his watch...as in more than doubled in 6 years. I posted the wrong link. The one I MEANT to post, which is the one you should have read G, compared the results to Lowes and HD was significantly behind. |
#40
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OT - What Do Home Depot and Chrysler Have In Common?
Too_Many_Tools wrote:
Try looking at this comparsion between HD and Lowes.... http://www.usatoday.com/money/indust...nardelli_x.htm It doesn't look like they were doing that good. And let us not forget that we have just finished the biggest building boom in decades....which would make even a poorly run company look good...for awhile. TMT You still have not presented anything other than his well known low stock price appreciation.....Doubling sales and a more than doubling of profits and a healthy profit retail profit percentage is not by any rational definition a poorly run company......I would suggest that the stock price had flown so high prior to his arrival that the market had eventually wised up and let the price catch up a bit with reality. One may note that Microsoft's stock price has languished as well for quite a few years and yet they have extreme profits, growth and market share. Whether you like, hate or detest HD or whether you think Nardelli is a over paid boob is obviously your prerogative or choice but it doesn't impact his actual job performance facts...... Rod |
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