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Turmoil on Wall Street and Main Street has forced the two struggling auto titans to consider the kind of merger that might have been unthinkable only a year ago. In an email monday to Chrysler employees, the company's CEO Robert Nardelli confirmed that Chrysler was holding discussions with potential partners, including GM. "I can tell you that we have approached and have been approached by third parties who are interested in exploring future possibilities with Chrysler," said Nardelli...

Author: /time Magazine | Title: How Likely is a GM-Chrysler Merger? | 10/13/2008 | See Source »

...diplomatically. In the fall of 2005, the American Federation of State, County and Municipal Employees (AFSCME), a union that runs a $850 million pension fund, was trying to figure out what to do about CEO pay - especially at Home Depot, one of its holdings, where then CEO Bob Nardelli was collecting a nearly $32-million pay package for the year, while the company's stock languished. "We had reached a level of frustration because it seemed CEO pay, no matter what we did as activist investors, kept spiraling out of control," says Richard Ferlauto, AFSCME's director of pension...

Author: /time Magazine | Title: Giving Investors a Say on CEO Pay | 4/9/2008 | See Source »

...Nardelli's Big Comeback...

Author: /time Magazine | Title: Dashboard: Aug. 20, 2007 | 8/9/2007 | See Source »

...Chrysler shocked the marketplace when it appointed Robert Nardelli, most recently known as a symbol of CEO excess, to run the flagging car company, just days after it was bought by the private-equity firm Cerberus Capital Management. Here are the big questions surrounding the appointment...

Author: /time Magazine | Title: Dashboard: Aug. 20, 2007 | 8/9/2007 | See Source »

...Nardelli the same guy who made news for an outrageous payout from Home Depot...

Author: /time Magazine | Title: Dashboard: Aug. 20, 2007 | 8/9/2007 | See Source »

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