Arrogance, Thy Name is Nardelli

At Home Depot's annual meeting, the only director to show up was Bob Nardelli, the CEO. Apparently, the press reports scared the rest of the directors. Nardelli did not help himself in what is becoming a war with the stockholders. He refused to answer questions about his compensation ($100,000,000+ since he took over, while the stock has dropped 12% and Lowe's has almost tripled) and he also did not want to get into details re the vote on the proxy proposals.