• chris stoner Posted: 3/24/2008 7:44pm PDT

    He should have to prove himself worthly of such payment layoff the workers doesn't count like they do at Sprint worst ran co. ever

  • Jean Barsalou Posted: 3/21/2008 7:47pm PDT

    TWO HUNDRED FIFTY MILLIONS! HOME DEPOT is in trouble?
    Now what will happen with CHRYSLER after he collects before he can deliver?When you hire a CEO in building supplies to rescue a car company,you have A MAJOR problem coming to you.I spent 42 years in the car business and would never think of opening a restaurant!

  • Really OLD Auto-Fanatic Posted: 3/21/2008 3:13pm PDT

    SIPHON!{Money-that is}
    Comes TO MIND!
    FULL AND TOTAL DEMISE OF CHRYSLER SOUNDS AS IF THIS IS THE REAL PLAN!

  • xjug1987 Posted: 3/21/2008 1:12pm PDT

    Nardelli is probably a democrat. Like Gore, he didn't get the big chair that Welch left. So, Bob is spending his time masquerading as an important "leader' and making millions/billions. Get rid of this bum, and let Press/LaSorda and ? (Waggoner clone) run Chrysler. I think those guys will do their part, then Nardelli will steal the thunder? He must have a HUGE ego, cuz he don't need the cash!

    Only time will tell!

  • Jim B Posted: 3/21/2008 12:14pm PDT

    Well, what do you expect from Cerberus? Remember this company is owned and run by Dan Quayle (MR Patato(e)), and John Snow. John did such a fantastic job setting up the G.W. Bush economy that we are all enjoying, and Quayle... well what can you say about him.

  • John Starnes Tampa Florida Posted: 3/21/2008 11:55am PDT

    He shafted Home Depot royally and got a quarter BILLION dollars for it....he'll do it again to Chrysler.

  • Thor Posted: 3/20/2008 1:11pm PDT

    I don't mind a billion $ bonus if the bum delivers a trillion $ profit to the owners and his masters, the SHAREHOLDERS.

    The problem is they get quarter billion bonuses and golden parachutes EVEN if they totally SCREW UP, such as these two bigshot bankers recently!

  • James Thornton Posted: 3/20/2008 12:09pm PDT

    Huge Bonuses and wages must be a missreading and missuse of basic "Adam Smith" capitalism. Religon allways seems to be used for the wrong resons. It would seem that Capitalism is also illused also.

  • Tom L Posted: 3/20/2008 10:47am PDT

    What was Cerebus thinking? You know Nardelli must be getting a huge paycheck for taking this gig, otherwise it wouldn't be worth it to someone who has a quarter billion in the bank. (The interest/dividends on his nest egg are probably netting him 5-10 mill per year.)

    I have a theory that the rise of mutual funds has fostered the growth of exorbiant executive paychecks. The guys that run the mutual funds put eachother on the boards of major companies then hand out fat salaries and bonuses. The good-old-boys' network is alive and kicken and funded by the small time investor.

  • Michael Posted: 3/20/2008 10:22am PDT

    Where can I get paid $252 for screwing up a company? I think it was a public relations nightmare for Chrysler to appoint Nardelli as CEO after he "screwed-up" Home Depot. Why didn't they appoint a truly gifted "car guy" as CEO. That might have reassured customers and persuaded others to buy a Chrylser product. I am not impressed with the "good ol boy" approach of Cerebus. Why should I buy a Chrysler?

  • Wayne K Posted: 3/20/2008 9:32am PDT

    Well he's not getting $252 mil for running Chrysler, he got it for HomeDepot, to be fair he did a lot for that company. But Nardelli may have met his match with Chrysler. Honestly, can't we all just expect this sort of thing from Chrysler. Hasn't it been this way for decades? They were in the crapper before Iacocca got the government to make loans to bail them out, then the company was riding high. Then Chrysler started to slip....again. Then they became industry benchmarks for design, and what do you know Chrysler started to rise again. Guess what....they're at the bottom again. Does this really take anyone by suprise?

    Nardelli does have it right, they need to trim the product line.

    "Welcome to XYZ Chrysler-Dodge-Jeep, would you like the Dodge Caliber, Jeep Compass or Patriot, they're all the same vehicle, all equally crappy, and have horrible interiors that are the same...."

  • Thor Posted: 3/20/2008 8:40am PDT

    Ridiculous.

    That's what happens when the CEO APPOINTS his own compensation board of YES_MEN brownnoses that give him or her the utterly undeserved $252 mill while his or her company goes down the tubes.

    Can you spell "conflict of interest"?

    And, Moron warning: Don't tell me to go live in Cuba or Commie CHina. I am for CAPITALISM and FREE TRADE and GLOBALIZATION far more than you will EVER BE, those of you that find the Bear Stearns bailout with considerable Government arm-twisting OK.

  • John Posted: 3/20/2008 8:12am PDT

    No