Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. Perhaps a Black Swan. Disclosure: I do not hold positions in stocks mentioned for three trading days before or after blog post.
Thursday, May 18, 2006
CALPERS takes on Home Depot
CALPERS is not happy with Home Depot's (NYSE:HD) executive compensation program. They are urging shareholders to vote for proposal 3 in the upcoming annual meeting. The proposal will allow shareholders to vote annually on the compensation committee's report and therefore influence levels and appropriateness. Not a bad idea even for companies that are producing results.