• Would you give up your golden parachute? 
Eva Rodriguez, Washington Post - PostPartisan I don't think I'd have the stomach to turn down $20 million -- especially if I was legally entitled to it. But that's apparently what Nolan D. Archibald did. The long-time CEO of toolmaker Black & Decker declined the $20 million he is due as a result of a merger between his company and rival Stanley Works. [....] He is also entitled to keep his $35.5 million pension. And this doesn't include the value of his stock options. This is -- and I'm trying to be refined here -- a boatload of money, and more than enough to keep someone in bright and shiny new handtools for the rest of his or her life. Still, the $64,000 question remains: What was he thinking turning down millions legally owed to him? Hasn't this guy read Ayn Rand?     Share on Facebook