Transcription
UNITEDSTATESSECURITIES AND EXCHANGE COMMISSIONWASHINGTON D.C JanuaryGottsegenDirectorand Securities PracticeCorporateTheHome DepotIncRd2455 Paces FerryGAAtlantaRe30339Home DepotTheIncomingDearMrletterDecember 18 2007datedinistoresponsethe shareholderconcerningTeachersRetirementSystem18 2008 OurBycorrespondenceFundalso havethisand theattachedweCopies ofYorkallavoidDecember 18 2007 and January 22 2008to Home Depot by the New York CityPensionCity PoliceNewYorkletterreceivedisresponsedoingthe eRetirementlettersyourSystemCity Fire DepartmentinIncGottsegenThisJanuaryGrouptoCity BoardhavingtheNewYorkof Educationfrom the proponents datedthe enclosedtoFundrecitephotocopyof youror summarizeof the correspondencethe factsbe providedalso willsettoforththeproponentsIn connectionsetswith this matter your attentionbrief discussionforthof the Divisionsinformalisdirected to the TheOfficeCounselof the ComptrollerCentreNewGeneralCity of New YorkStreetYorkNY10007-234IngramChief Counsel
JanuaryReof CorporationFinanceThe Home Depot IncIncomingTheon productletterproposalproposalsaleactiontounder ruleDecember 18 2007datedincludesto be14a-8i7Commissionreliance on ruleif14a-8i7address the alternativeinformationsomeof particular productsthethe board publishthatrequestssafety thatThere appearsi.e2008of Chief Counselof the OfficeResponseDivision25specifiedbasis for your viewreport on theincompanyspoliciesthe proposalthatHomeDepotmayexcludetheHome Depots ordinary business operationsAccordingly we will not recommend enforcementas relatingHomeomitsDepotIn reachingtothisbasis for omissionthe proposalpositionupon whichfromwe have notHome Depotitsproxy essaryinto
THE HOME DEPOT2455 Paces FerryRdGAAtlanta30339December 18 2007of Chief CounselOfficeDivisionU.SFinanceof CorporationCommissionSecurities and rof theProposalNewYorkOnbehalfofexcludeshareholderYork City on behalffrom the Companysproposal2008theof theSystem the New York City Police Pension FundFund and the New York City Board of TheExhibitofRule definitive 2008this letterisreports of toxictoothpastewithbeingwithNewPensionthe ProponentsSystemAct of 1934actionfrom the 2008omittedasTheOfficeweamendedbewillProxy Materialscopy ofthistheof the ComptrollerRule 14a-8j informing him of the CompanysProxy MaterialssubmittedThe Companyintendstoon or around April 11 2008not lessthe Securitiesthan80 days beforeCompanytheCommissionand Exchangeresolutionand hazardoustoys tires pet foodregulatorstoRetirementCity Fire Departmentno enforcementdate tonotifyof the Comptroller ofof this letter and Exhibitthistoas Exhibitfrom the 2008 Proxy Materialsforth the followingconcern among consumersUSitsthe Proposalisisintention2008 AnnualitsCity TeachersNew Yorkattachedthatthis letterCompanysOfficeRetirementare six copies2008 Proxy Materialsoverseas includingbyinomit the Proposalifbeing mailed onisTheNew Yorktheisthe Staff hichof theunder the Securities Exchange14a-8j encloseddefinitiveitsrequestagainstRuleRule 14a-8withhereby respectfullyProposalthepurpose ofproxy materials forMaterialsProxyof trusteesof the boardsthe proposalStaffFinance theof Corporationof ShareholdersMeetingCompany theThe Home Depot Inc thethe staff of the DivisionletterSystemand GentlemenLadiesInRetirementCity Teachersproductsimported into theand other productsand law-makers aboutthe safetyhaveofUSled tomanyfromincreasedproductssoldandProudSponsor
WHEREAS Home2100overstoresWHEREASworth of imported productsdollarsatitsand Canada andthere have2005sincemarkets millions otlamps and other electronicchildrenslawn tractorsgrillsgasHomeof potentially hecompanysRESOLVEDITon productpoliciesinformation by December toproductbrandsharestowiththisaddresssuchStaff nasanofabovedescribedtothispublicinandthepolicyby lawcompanymarket shareitstopoliciesWeand practiceslegalliabilityvotetourge youintoisitNoyourofmatterstomakemay bebusinessanmeetingtowhichtothecomplexof the issuermostwithhowstateFirst certainpolicybasis thatThe secondthemicro-managetoupon whichshareholdersasrequestingtheproposal14a-8i7Act er Ruleexcludablethiscompany oninformed judgmentpolicytomattersconsistentthe21 1998 the 1998 ReleaseshareholdernatureisifTheoperationsfor shareholdersunderlyingrunproposalproxy materialsbusinesswhichMay34-40018matter be subjecttoordinarygroundsoperationsbusinessof leshareholderscentralon the followingfrom an issuersomittedcompanyssincemanagementsthe degreereportordinaryannualordinarythe resolutionAct Releasetopositionoftheatpracticalrelateswould not bethetoconfinethere are twotoo deeplyby probingmay berelatingExchangesaid thatnotevaluationand growthe board of directorsso otoisproblemslawscorporationThetotakingfrom the 2008 Proxy Materialsproposalmatterexclusionmanagement andtoRelates14a-8i7dealsunderlyingCompanyomit the fetyproprietaryand categorieslinesonreportby the companyattemptsproductpublishcan help promote public trust minimizeand lethe requestedtheanyismanagementor actionsinitiativesby publishingFORWethosebeyondifby the new productaffectedor actionsinitiativeswhichmarketedcost and omittingsummarizereport shouldthe BoardthatrequestreasonableatsafetyTheof goodsmay ifthe substanceNocompanygroupof the sproductsevaluatingitthe ProposalinvolvesinitsTheinthatstoresStaff hasexcludableunderthe ordinarymatterof ordinaryand anassessment of the businessrecentlyFamily DollarcompanyispolicybusinessconsideredStores Incis theselection2007forexclusionof productsinRule 14a-sold by theofpractices involved in the selectionsimilar shareholderNovand hatregardingthe boardcustomersthepublishexposuretotoxicsafety ofreport
and hazardoussubstancesthatproposaland chemicalstoxicantsof thedirectorswould anageThe1998 Releasecompany whereor inesaffectitstoissold inbeingand businesspreciselywithinareproposalsWeaware urrednewtoengageandrisksthebeleftsocialtoissue exceptionobjectedday-to-day13the Staffofresulttookitsthetheby the newmanagementfocusesisitsifthatanytomarketthe StaffhasSuchmayundertoproductsafetyInrespondon minimizingmarketed productsinternalCompanyproducttakingCompanysanthe proposaland tionsthislegalliabilityshare Thereforelegalareas areindicatedpreviouslymanagement and the board of directorsnotcompanysCo Octrelated toordinaryGiving shareholdersbasis to excludethetoCompanysand report on an assessment of the potentialon ecompany engagingaffectedspecificallybusinessordinarybeand growingliabilitiespolicythe Staff hasmayhasbusinessProposalof goodsor actionsstatementinTheof risksellsrelatedof factors thatcontrolto2005iswhichand decisionsoversighton thetheretime-framesspecificThe Companywithinabilitymicro-managelarge retailerrangefallfaces ascompanyimposeisonJune 28selectionbasis and ivesand safeguardingThebasedisbecause gaskedshouldalso note thatmatters the Staffpractices and productasCompanydecisionsof thesupply ationeffortsseenmanagementsNoor publictorelatingthe ProponentssuchThestatementanasfinancialWeor liabilitiesbrand reputationCompanyStoresof publicof teand supportingand the optionsproductand Wal-Martrelated to the companiesCompany onproductstothe environmentand categoriesadditionsaferusingand use of RFID chipson theProposaldetail or seeksand complexmicro-managementproposal14a-8i7concernsover 30000Staff Legal Bulletininthemay beproposalsintricateand are fundamentalof the riskssummarizethatand expertise of shareholdersthe extentadverselytoinvolvescarriesand are not anassessmentrun theCompanysthemulti-facetedwould constituteabilityforthe independentthatsecurityitfrom many national and abilitystatesproposalstoreproduct-selectionthe knowledgeasprivatereproductiveoptionssaleof the foregoingexcludablewasimplementing complex policiesforof productsvarietythatCompany mayseeksinventorythethe proposalthateachIn13 eport toassociateswhichto2006 proposalharmsafety andpersonalproposal requestedthe companiesordinaryprivacyextentcarcinogensApr 25Co OctWalgreensystem and describingreport on thebenefits by Wal-Martassistancecontainlinesthe endocrineaffectpreparethe publicstoMar 24Inccompanythereport characterizingcare productthatmarketed productsitsApplied Digital Solutions Incalternativesisand personalcosmeticslabelboard gbusinessFord Motortheordinaryissuesbusinessare generallyshareholderproposalsSee e.g dablewhensuchStores IncallowingNov
exclusionof proposalcarboneffector coolingEquities intainregardingFeb 25as being1998 proposalcommitteeappointJan2005 proposalactivitiesanrequestingcompanyIneachconduct ofextensivelegalproductthe day-to-daythatittheoperationscompanysby regulatoryof television16 1999stationsproposalbyactivitythethe omission of theoperations i.e theproductsAccordinglytoInccomplianceGeneralof illegalbusinessrelatesandthe board stigateassureboard HumanamisconductCorpAllstatetothetooverseematters the Staff concurred withprogramsafety regulationbusinessandcommitteeSeefrom any individualof reprisalcompanystoinvestigateproposal requestingtheittheoperationsand programsand actionspossible corporatebecausethe board establishmisconductthe board of directorsobligations14a-8i7businessisminimize legalconcurred withStaff hasproceduresand claimsnotwithstandinghelpunder Ruleresearchthe findingsreport detailingrelated tocompliancepoliciesand preventinvestigateof the foregoingmarket sharelaw TheJan 24 2003shareholderindependenton the basisproposalinterestitscompanys ordinaryproposal recommends thatthatrequestingmeet publictotoreport canbusinessordinarycomplaintsrequestingthattheof the traiseadoptedselectionproductThedoes notifholdingsinvestmentthe restoand growapplicableand implementcommittee Hudson United Bancorpdirectorsaswithintegrity and recommendresearchTheprovidesand safeguardexcludedbeanalyzeconfidencewhichtoof the Proposalintentsafety concernsstatementcomplianceand detecttheof anoperationsitsregardless of the factactivitiesissuessocialthatFeb 24 2006Johnsondevelopcompanylargerproductbrand reputationmaybusinessand practices relatedpoliciesof similar proposalscommitteetounderstandnewthe ionsthe fund take stepsmatters the Staff did not objecttiedby the supportingJohnsone.gtothe sitrelated to day-to-daycouldthe businessthe Proposalfurther shownasbusinessthatglobalgases sunand costs and benefitsabsorptionproposal requestingomittedconcernspolicyBoard evaluatethat2000report regardingannuallyon temperatures atmosphericrelating to ordinaryasof the ondetailedproduction carbon dioxidedioxideof heatingdegreesthe board publishthatrecommendingwhich would includewarminglegaltoare subjectthe Proposaldealswithand le14a-8i10solicitingStaff haspoliciesreasonsThe Company npractices and proceduresconsideredmay bethe Proposalexcluded from the 2008 Proxy14a-8i7RulesRuleproxyTheforegoingthe bstantiallythatwherefavorablywiththe Proposalproposalimplementedfrom the companysthe actioncompany can demonstrateproposal the proposaland may be excludedasrequestedthatitsmay bemoot See e.g NordstromInc
Febthat1995 proposalwascovered by existingsubstantially1991 proposalthatthehad adopted policiessubscribecompanythe essentialcode of conducttothe Valdeztoimplemented even though the proposalSee e.g Masco Corp Mar 29 1999 andproposedcompanyAlso whereenvironmentasexactlyMarMotors CorporationGeneralalreadybeenhaswas not implementedsubstantiallysuppliersMar 28Inctheof the proposal the ardingforand Texacocompany guidelinespractices and procedureshas satisfiedcompanycompany committhethat1996Webelievethatthe identificationforCompany employsthateveryproductsafety standardsCompanysserviceauditsprovidersIn additionastheFurthermoreagainstCompanysCompanys commitmenttothe issuanceofhasinemptory productbeyondthoseimplementeditcarry thepartyand conduct factoryadditionaltoitstoidentifypotentialand productof the Proposalobjectivebeen implementedthehighand productquality assurancequality assurancethe essentialproductand post-purchaseinspectionCompanyand practiceproductinwithcompliancesafetythe producthassafetydealtosubstantiallylegalthatby icyinitiativeshighand processor tify andby lawtheactivelyhasstoresvoluntarily asons the Proposal14a-8i10may beproperlynotof holidayan activeand presafety issuessubstantiallythe Proposalunder Rulestopriorthealso ofteninhasandidentifiesmost instancesCompanyfromproductsproductThe CompanyProductfrom saleproductrecallsrecallsproductthearea demonstraterecallFor example recently the CompanyFor the productsreviewprogramexceed those oductalreadyby lawfigurineshasinCompany andpre-shipmentstructuredAshasTheif the Company has been informed ofproductsand often pre-emptssafety concernsrequiredTheand designalso benchmarkspoliciesproductrequirements and willingnessparticipatedlicensesourcedThequalityand voluntaryindustryhasbest practicetohasandmanagementand proceduresfederaldomesticallydesignare dedicatedand the Company alreadytoadoptedsubmit suchtoCompanythe ProposalimplementedCompanyhasthethatto seniorsafety policiesreviewsafety of imported productsproductproductproductThe Companyneededand procedurespolicieswithandproductssafety testingtomodificationfactoryCompanybasisadopted clear policiesemployees whocomplies witharticlefirsttestingthewithhasand are accountablewhich the Companyare involvedor significantin-storetimefullprogram also extendstoon theand removal of potentially unsafe productsand tbrand ormodification100safety and reportquality assurancecomprehensiveThe Companyon the safety of imported productsfocusesProposalthe Proposalexcludereportingapproximatelyand productassurancecanthe heexcluded from the 2008 Proxy
theAccordinglyactioniftheconcur tinmatter please telephoneatthe Staff notof770anRule 14a-8envelope384-2858recommend enforcement2008 Proxy MaterialsheIfIfopportunitytothe Staff does notconfertomakeand returningtomaybereachedtheiswithcopyof therespectto770384-by fax fthe Staffthe enclosedyou have any questionsalsowithThe Proponentresponsemay chooseof this letter by stampingthe enclosedmeitson any responseundersignedpage and returningfirstpositionfromthatwe would appreciateprior to the issuanceKindly acknowledgethistherequestsDirectorand Securities PracticeGroup
EXHIBIT
07/01/20140517FAXEjOF NEWYORKOFF GE OF THE COMPTROLLERHECITYCENTRENW YORKSTREETWY10007-2341THOMPSON JRWILLIAMCOMPTROLLERNovember 27 2007MrJamesJrSnyderSecretaryHome DepotInc2455 Paces Ferry 339of the ri.edforsubmit thetoof stockholdesattachedLetters from TheproposaBank ofyear of shares ofNewattohatYorkFundfunds 2000the nextyouitof thecustodianaxiciIncPensionCity PoliceTheNewFundandYorkCityof trustees haveboardsfundsNewof thearid trusteeto offer theenclosedproposalwith rule 14a-8of theSecuritiesannual meetingin accordancebe includedin yourproxy statementYork certifying the funds ownershipHome Depcto hold at leastNewcustodianiiform you of their intentionAct of 1934 and askExchangecontinueRetiremeni System theComptrollerconsiderationthetheisCityPensionCity Fire DeparimentBoard of EducationYorkcommonstockare enclosedworth of these securities throughcontinuallyThethefundsfor overintendtodate of the annualmeetingWewould be panyfrom consideration669-2651iiyou have anyohepdmaEnclosuresHome DepotNewproductYorkBureausafcty2008City Officeof Assetthisof houldwillannual meeting Pleasefurther ecideproposalcontactmetobeat002
051707/01/20141003FAXHoM1DEPOJ -PRODUCT SAFETYSubmittedtrustees of theWEEREASNew YorkrecentThompsonWilliamby ComptrollerCityreportsolfJr onand hazardoustheboard ofSystemEmployees Retirementtoxicbehalfproductsimported into theUShaveand other productsfront overseas7including tootipaste toys tbes pet foodabouttheled to increasedconcern amy ag consumers regulators and law-makerssafety ofWHEREAS Homeatproductsitsover 21QO storsinceHomeretailedand2005other electronicTHEREFORE BEpublishITcomp nysby the companyactionsthosesafely concernsmanagementinitiativesof potentiallyrecallshazardouschildrensgrills lawn tractorslampsthat shareholderspoliciesrequeston productsafetyisor actionstheBoardat reasonableshouldreportcost andsummarizeitsabove andtheoptionsto respond to this publicpolicydescribedtakingThethatwhich ifsupply chain of goods marketedby thesold in Home Depot stores may be affectedscuretoand categoieslinesgasandCanadain.formainn by December 2008attemptsnew productincludingRESOJVEDproprietaryproductandof importedappliancsomittinganyUSthemillions of dollars worthhave twenty-eightproducton thereportthereinandretailersani.ually marketsDepotWHEREASDepotUSsoldmany productsfornewchallengeinitiativesbeyondalrady required by lawStJPORTING STATEMENTWebelivethatbypractics relatingthepublishingtoafetyproductminimize legal liability protetmarket shareWeurge ote your sharesof cothpanypoliciescan help promote publicand safeguardFORthisand growresolutionandtrustitsor
THEOF NEW YORKCOMPTROLLERCITYOFFICE OF THECENTRE STREETNEW YORK NYTHOMPSON JRWILLIAMCHARLES BURGERASSISTANTGENERAL C.GOVC-January 18 2008BY EXPRESS MAILof the Chief CounselOfficeof sionand ExchangeSecurities100HiStreetRe20549Home Depot IncShareholderWhomTosubmittedProposalwrite this letter on behalftheresponseDivisionof Corporationof the CorporateFinance theseekstheproposalreviewed the ProposalBased upontoCompanysthe presencesimply seekstothatsuch healththatYorkCity Pension Fundsmy nsDirectorGottsegenHomeDepotorStaff of the Division will notCompanys excluding the FundsCompanysthatIn light2008 proxy materialsthe Proposalof the recent be omittedof ersissueshaveand Rulelettermay notthe narrowly-craftedproceduresthe FundsFundstheof thefrom theCompanysand safety risksfrom Jonathanthe Staff2008 proxy materialsreport on thetheistheand ExchangeCompanys December 18 2007well as theitCity Pension FundsSecuritiesGroup of Home Depot IncresultasProposalreviewtheof lead and other hazardsordinary businessthe reliefasactionYorktoDivisionthatassurancerecommend any enforcementdueletterand Securities PracticeCompany whichfrom theNewof theDecember 18 2007to14a-8NewMay ConcernItshareholderby theexposuretranscendthe Divisiondeny
NYCFunds ResponseHome DepottoNo-ActionInc.sRequest17 2007JanuaryofPageThe ProposalThewhereasconsists ofProposalclausesoutsetconsumersreducingexposureof whereasserieswith oductand safety hazardsinsafety generallyandHome Depotsold ethenstatesbeThereforeitresolvedreport on thepublishcompanysreasonablecost and omitting2008Thereport shouldsecureitssold inor ty tyby the companywhichabove andmanagementbeyondon productattemptsmarketeddescribedthe Boardthatrequestinformation by Decemberproprietaryof goodssupply chainand categoriesshareholdersthattakinglinesby the newfortothisrespondtoproductoptionsor actionsinitiativesanybe affectedthetoifalreadynewpublicrequiredby lawIIDiscussionTHE PROPOSAL CANNOT BE OMITTED UNDER RULEHomebusinessRuleseeksDepotof rovingitsentitlementThe Proposalisomit the Proposalto14a-8i10not tsprocedureswake offortrack recordshows 28recallsthe core of the Proposalgovernmentaland yAs2005alonehave been an ongoinglettershasordinaryimplementedthese exclusions14a-8i7 becauseBoard of DirectorsAccordinglyno-actionthatordinary businessconsumerensuringproposal toFor theburden ofreliefthe huge recentHome Depotsthatsubmitno-actionclearly transcendsIn the14a-8i7bears the burden of proving thatthe Fundstounder Rule14a-8publishinThosesourceraisesinthe publicmatter thatmannerhealthhealthof great publictheand safetysocialrisksatconcern and resultingof Staff Legal Bulletins 14AsignificantavoidsCompanysHome Depots ownthe Proposalpublicthatthe Proposalreport summarizingsameunder the standardsthe uesand14Cwhich
NYCFunds ResponseJanuaryInc.s No-ActionRequestordinary business See e.g Beazer Homestranscend2007wherecompany wastheThe Proposal2007Novemberclear thatStaffclear thatinbycomponentsforinproductsproductIn shortproceduresintoWhilesafety proposalmaketoHomethatmerely requestsselectiondoes notsimpleitdoesreportnotthe samesignificant publicinvolvebe saidhere cannotTheor marketingtoonlyspecificand hazardousalso does not requestseekonfocusmaketofocusesthatingredientsthe ProposalepidemicFamily Dollarintoxicproposalsand the Proposalcurrent Proposalseekidentifyingproductthesafety proceduresFamily Dollarthe twothe recalldecisionstheinandFamily Dollar Stores IncProposalThe FundsreferencingCompanyson theany waysole control overUnlikeexamplei.e the responseissueencroachstockedThisproductlossesAs suchpotentialindustryproxy materialsproposalbusinessbusinesssafety proceduresproductsincludingperm itting omission ofproductdoes not impact ordinaryCompanysthethe boardrequestingin thatbeen refined since the Funds submissionhasProposalitindividualletterand prospectivedisclose currentTheCompanyshas been refined fromdoes not impact ordinaryitproposalcircumstancesinNovember 30Incmortgage practiceschangefrom theUSAexcludetopermittedcompanysnot be omittedshouldProposalnotthe recent dramaticgivenliabilitiesDepotthereport evaluatingpreparepolicyHome DepotofPageon theto17 CompanyinanyrespectStaff LegaltheProposalandBulletinswhich seekstono-actionlettersthe publicprotectestablishfromthatHomesign Jlcantcannot excludeDepothealthriskfrom2008itsproxy materialsThe eekingno longerto ordinaryMoretobusinessStaff Legalrecentlythethe ProposaltoeffectsHomeDepotThe Proposals more limited scope2006andIncStoreshave dinaryinatableseek12 2006Octobergermaneouttothe Proposalofindistinguishesthe extentconsiderationtobeseriousof lead-taintedincreasedtoyscorporatethreatslikeand other productsdisclosureabouthave vigorousthatStoresor publicuponriskswhichthoseMarch 24andWal-Marttheywere basedthe ordinary businesstoWaigreentheoreticalestablishforclearfrom Wal-Martdecisionsdistant minor ortoday andrelatethe assumptionsherematters Seeon the environmentcasethisthe Staffssignificant socialAct Release28 2005 madeactions40018of shareholderbusinessday-to-daydoes here do notexplicitlyNoAct Releaseon sufficientlyfocusthe4C Junecompanysof substantial publicmattersfor the exclusionProposals ExchangeBulletinalsotoExchangecitingbut thatmattersTorelateletterswould transcendWhat may have seemedalteredturnedrecallstoCo14Aissue no-actioncan be used asordinary businessthatthatproposalsBulletinRules on Shareholderreports concerningashealth4a-8i7Staff Legalbecause the proposalsAmendments21 199812 2002relateissuesrejected the notionexplicitlyStaff wouldthatproposalspolicyhasunder Ruleexcludehavehealthhealth justThedebatesandvitalinterestsafetyrisks
NYCFunds ResponseThat Bulletin statedbasis foror the publicsexcludetoitIndeedStaff hasrequestingweMarchmutation tinmeasuresfoodprotectCongress oninThefloodcounterfeitchangesoflinked12 2007 requestingcompanytocancerthethatby inand manufacturing leaders andconsumer health and safety issues atinconcernssign tIcantsocial policyisThefurther proof thataffairspublicstilland defectivetheirongoingrecallshasowntires hasprotecttheissueof millions of toxicancreatedthe ProposalsupportstheconsumersinvolvementdoesHomes USAtrinketsraised concernsserious concernsand vocalactiveof Beazerstronglytosafeguardshave clearly expressedhealthandand manufacturersof recalls from toxic toys and lead-ladentoothpastethe analogous caseinchangeMarchitsretailofficialsretailers importersthe publicissuethisbusiness As31 2007of chemicalsfree14Candon the feasibilityreportbeor sold by thethe unprecedentedthatthe proper and necessarythe countrytoison publicproductspump regarding carbon dioxide emissionsMarch2007 requesting that the .Sbyenvironmentofficersthatordinary businessand hazardous goodscompaniestoestablishes that the ProposalincontrovertiblelackexcludetoCompany Januaryboard publishMobil Corporationby governmentto the recentthat transcendsisviewBulletins 14Aof consumerthe effectproductstheaffectingredients.2of the ProposalItcompanysstatementIdon global warming resulting fromcosmeticsfood ingprivate labelinformationof gasolinegeneticallyitsdefectsprovideidentify and2006ofallreformulatingthattheforth in Staff LegalsetSee General Electricreportand supportingoperationsdisclosure regardingthe board preparethattorequestsproposal14a-8i7the clarificationssafety and the environmentthatdo not concur withunder rulecompaniesrejectedCorporationdramatictothe extentor eliminatingthe proposalsubsequentToparthealthgreater corporaterequestingsalerelevantinon the company onInc.s17 2007JanualyfocusHome DepottoThetothatelectedhighestand have proposedby the Presidentandnot just concern ordinaryIncinclusionNovember 30 2007suchrather than the omissionof theFunds ProposalleadersIndustrythemselves have enteredretailers and manufacturerstominimizerisksChain forthe publicToendthatLeaders Associationdebate openly acknowledgingself-policing on productgreatly heightenedand safetyhealthof the Retail Industrythe ViceRILAPresidentat thesafety issuesof GlobalSeptember20Supply2007House Commerce Subcommitteeadvised that some RILA members haveenhancedconductingmultistage testing through independent labs to confirmtheThe Staffsregardingtoneedrulingshealthon hatshareholderdo not improperlyproposalsseektorequestinggreater corporatemicro-managethecompanydisclosure
NYCFunds ResponseHome DepottoofPagewithcomplianceallU.SBush andPresidenteminent issue confrontingtheFrameworkchainthatand authorizingthe 007andinvestigationon July 18 2007madewarns the companiesthe Presidenton Import Safetyreviewcomprehensivecan bepresafety asWorking Groupconductimprovementson developingtext of thean extensiveAs suchInteragencythe GroupSeptembermust focusThewww.importsafetyIllustratingreleasedhave identified
THE HOME DEPOT 2455 Paces Ferry Rd Atlanta GA 30339 December 18 2007 Office of Chief Counsel Division of Corporation Finance U.S Securities and Exchange Commission 100 Street N.E Washington D.C 20549 Re Shareholder Proposal of the New York City Teachers Retirement System Ladies and Gentlemen On behalf of The
