Posted AT 4:46 PM EDT on 28/12/07
So that's what really happened?
JANUARY
Bob Nardelli gets the boot from the corner suite at Home Depot, taking a $200-million (U.S.) exit package with him. The next week, he receives a call from CIBC chairman Bill Etherington, who reasons that a man with a record of being overpaid for poor performance might be the perfect choice to manage CIBC's expanding U.S. mortgage business.
Mr. Nardelli tells Mr. Etherington to ring back later; he's busy making an offer to buy Puerto Rico.
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