AP: Judge sets hearing for ex-Wal-Mart exec

Well, well, well.
Looks like some of our first convictions are coming down for the corporate CEO/President super citizens. You know the ones. The outstanding ethical leaders of big business that our WM friends like to forget about when they write about labor leaders having run a in with the law.
Ken Lay and Jeffery Skilling from Enron were found guilty and could spend the rest of their lives in prison. They are only a few of the many corporate executives that are heading for the courts.

What percentage of corporate leaders are on trial right now?

JM, Looks like you better buy some Wal-Mart stock.

Hey Tom, do you want to bunk with us?

WAL MART HAS MORE PROBLEMS THEN TOM COUGHLIN.HIRING PRACTICES,EDITING TIME OR NOT HOLDING PEOPLE ACCOUNTABLE FOR THIS SERIOUS ACCOUNT AND THE GOOD OL BOYS CLUB!

Anti-union activism?  No, not Wal-Mart.  It reminds me of these new anti-union propaganda commercials that have been airing on Fox News lately that I read about in the paper at work in the break room (I try not to watch this channel too much).  The group refuses to name who is funding them, but I’m sure that we can all guess who at least one of the parties is.  It also just happens to be going on at the same time as the campaigns against Wal-Mart are.

This Jane is disgusting, and her company deserves all the flak they are getting, and then some.

IMPORTANT FINANCIAL INFORMATION

Please note:
Big T (self proclaimed financial advisor) has recommended that Wal-Mart stock is in the buy category.

Everyone is encouraged to take note of this important and valuable advice from one of Americas most underrated and overlooked financial wizards.

Lee Scott has rightly called this ordeal as “an embarrassment” for himself and the company.  Coughlin has done nothing that can make them proud.........
Why the hell he duped his own company which was paying him a whooping salary.....

WELCOME TO WALLY WORLD, PAUL!

HERE’S YOUR ANSWER BIG T:

You posed the question: “What percentage of corporate leaders are on trial right now?”

ANSWER:Not nearly enough!

By the way, I have a stock tip for you...would you care to compare the performance of a stock I own...Whole Foods with your favorite pick...Wal-Mart?  Go ahead...take a look at some performance charts since January...then you tell me which is the better buy?

Wal- Mart is not my short term best pick.  It is one of my long term investments. 

Your comment that not enough corp execs are on trial right now leads me to believe that you wish more execs were crooked or you have some hard proof on others.  I would like to hear what you have.

screwed, lets compare performance charts starting from when both retailers opened for business.

Big T must not get the newspapers.

Let’s talk about the Fortune® 100 Best Companies to Work For

Wal-Mart hasn’t been able to crack the top 100 for two years running now!

Here’s the performance for Whole Foods for the past 9 years:

2006 — number 15
2005 — number 30
2004 — number 47
2003 — number 32
2002 — number 48
2001 — number 41
2000 — number 72
1999 — number 48
1998 — number 34

This is because Whole Foods Market, unlike Wal-Mart, has a CEO that “Gets it.”

Screwed, could it be that Whole Foods is only 175 stores.  Much smaller and far fewer employees than Wal-Mart.  That is also why their stock is doing well.  Whole Foods Market is roughly 1.5% the size of Wal-Mart.

I work on the Wal-Mart account for my company and when we compare our growth in Wal-Mart to FDMX and Key Competitor Idex we never consider Whole Foods.  They fall under the “other” category.  Not to take anything from them, they just arent going to face the same challenges of a large company such as Wal-Mart. 

Screwed may be happy to know that I am considering buying some of their stock.  For the short term.

Screwed, Im waiting to buy Whole Foods Market when it drops below $59.99.  Its on its way.  Get ready to buy.  I am going to also buy more Wal-Mart stock if it drops below $46.99.  You should as well. 

Side note, Wal-Mart is hosting its Share Holders Meeting this week in Fayetteville, AR.  Always a good time, see yall there.

Good time?
How can it be a good time when your company has earned the place as one of the most controversial companies in America? I would call it mismanagement.
I wonder if they will comment on their failure in South Korea?

JM, I am sure they will comment on South Korea.  ITS SHARE HOLDERS.  You should try to make it.  There will be a concert but I am not sure who all is performing.  I think Kelly Clarkson is one.  My daughter loves Kelly Clarksons music so I am sure we are going.

Screwed, You should all really take a very good look at that list. Just taking one coorporation who is on the list and comparing it Walmart is very misleading and defies logic. Try comparing Walmart with the companies who represent over 90% of the work force and who have never been on the list. Companies who are on the list are obviously very good companies to work for. I have worked for several good companies over the years and none of them were ever on the list.

There are several interesting points to be made with the list. First of all, that list (1,538,937 Total) represents considerably roughly 1% of the US work force. There is no shame in not being on the list. The fact that Walmart was recently on the list is something they can be proud of. By the way, it took me about a minute to come up with that total. Oh the magic of computers.

The largest company on that list is Fed Ex with 212,241 employees. It is less than 1/6 the size of Walmart. It is much easier to please employees with a smaller company. The average size company on the list is just a little larger than 0.1% the size of Walmart. For those of you are mathematically challenged that is one thousandth the size of Walmart.

There are very few retailers on the list. I counted only seven that I recognized, but I am sure there are more that I did not recognize. The stores that are not on the list are also interesting since Screwed is making a big deal about Walmart not being on the list. Neither COSCO or Target are on the list, both favorites of the WMW crowd. Also not on the list are Safeway and King Soopers, who are both, at least partially, unionized.

The list appears to be dominated by high tech manufacturing, health care and financial investment firms. I would expect most of those people to be very satisfied with their jobs.

Missing from the list are any of the highly unionized big three auto makers and related industries and the highly unionized aircraft and aerospace manufacturers.

I have just a few questions to put it in perspective. Should all US workers who do not work for the companies quit their jobs? That would, of course result in 99% unemployment. Screwed-Do you work for a company who is on the list? If not, shouldn’t you quit?

I am sure we will never find out, but I would like to know how many SEIU unionized companies are on the list and how many SEIU unionized companies are not on the list. Just to keep it clean, by SEIU unionized, I mean more than 50% of the non-management employees.

Paul

PAUL, PAUL, THEY’VE GOT MEDICINE FOR HIGH BLOOD PRESSURE

Calm down man!  You’ve needlessly got your cheap Wal-Mart underwear all in a knot!

Nobody said anything about there being “dishonor” in not being on the Top 100 List.  It was just an observation that Wal-Mart has not made the list for two years, while Whole Foods has made it for 9 years straight.  I pointed this out to Big T because he was always touting his Wal-Mart stock, and I meant it to be a comparison to show that it’s not too hard to find stocks better than Wal-Mart.  Now lay down and chill!

I guess if you have some star perform a concert (no conflict of interest here since WM controls selling their cd’s) then it turns the shareholders meeting more into an entertainment show and distracts the buisness (and controversy) at hand.

No thanks Big T
I’ll watch The Tonight Show instead.

Wal-Mart does not bring in anyone.  Suppliers do.  Suppliers such as Coke, P&G;and many others bring in whoever they have signed at the time. 

Clearly you have never been to a share holders meeting to think the concert distracts from the business at hand.

JM, is the Tonight Show where you get most of your information????  That would make a lot of sense considering many of your posts.

How silly of me. Of course Wal-Mart would not pay.
Hold the suppliers hostage to all cost!
Why should this be different.

JM, do you know what you are talking about? 

Suppliers race to get whoever they have currently endorsing their product involved with Wal-Marts Share Holders Meeting.  Wal-Mart does not force the suppliers to do any of it.  I know that due to your jealousy of Wal-Marts great success this is hard to stomach.  This is just a perk for Wal-Mart since they avg 25% of business for most companies.

Suppliers have also raced to offshore American manufacturing to get what ever cost price Wal-Mart has suggested it needs.  It’s called having them by the nuts.
Wal-Mart is truely the “Bully of Bentonville”.

For those who are concerned (not jealous) of Wal-Marts heavy handed dealings, there are two books I have just got from the library and will be reading:

1) The Bully Of Bentonville.  How the high cost of Wal-Mart’s Everyday low prices is hurting America

Anthony Bianco

2) How Wal*Mart is Destroying America (and the World) And What You Can Do About It.

Bill Quinn

Screwed

You just can’t keep your foot out of your mouth can you? You said “This is because Whole Foods Market, unlike Wal-Mart, has a CEO that “Gets it.”. Apparently being on the top 100 list is more important to you than you indicated. In addition, what does being on that top 100 list have to do with one being a better stock. The relationship, at best, is vague.

You are wrong about my blood pressure. My blood pressure was high before I discovered the therapeutic value of sticking pins in your over inflated ego. Now my blood pressure runs about 125 over 75.

JM, could you please provide specific examples of suppliers being forced byWal-Mart to move off shore?

Show me an example of Wal-Mart helping American manufacturing to stay in this country?

Thats not Wal-Marts responsibility.  Now show me your examples.

I could care less trying to convince people like Big T anythings. He knows this site is not a pro Wal-Mart site so if he can’t stand the heat get out of the kitchen.

In other words.....do your own research projects.
The information against Wal-Mart is there. Find it. This site if for people who want the truth and believe that people are being exploited from factory to sales floor.  The WM supporters are about their own interests. Whether they are shareholder, management, home office.  There interest is not fairness in the workplace.

JM, I thought you were looking for some examples.  I guess, like me, you couldnt find any to support your claim that Wal-Mart has force suppliers overseas.  Maybe Screwed can come to the rescue on this one.

I atleast expected a quote from one of your anti-WM books.

JM

I think you get equal and fair mixed up.  You dont want things to be fair, you want things to be equal.  People have equal chances in life but they dont make equal decisions so they get what is fair.
WM CEO and Lowest paid employee’s jobs are not equal and neither is their pay, but they are both fair.

by the way, you or screwed cant argue against my last sentence, you can only rant about wage gap.

Big T is getting desperate for attention here folks.

I have enjoyed the attention from you JM.

Big T (your post 0601)

“Wm CEO & lowest paid employee’s jobs are not equal neither is their pay, but they are fair”

Let’s keep things inperspective, between pay and total
compensation.

I agree that a CEO is entitled to greater “pay” than the lowest employee.  However in relation to the compensation from the profit the company makes it should be equally and fairly distributed.

If rest rooms are not clean, customers don’t come back,
if the shelves are poorly stock customer base suffers.  Thus
everyone is important.  Why should CEO’s be rewarded by cutting employees and having the others work harder to pick up that void and then have the top officers receive huge compensation packages for the company making more money and at who’s expense? 

Now don’t try and say this is not true for it definitely is.
Did you get your fair share this year?  Many stores did not, but the “top dogs” got their’s.

No, Big T, “equal” would be if everyone received the exact same wage no matter what their position in the company is, which, according to our present system, would not be fair.  However, it’s not “fair” if, because of extreme differences in power and hierarchal authority, some people are treated like disposable commodities, and other people are given an inflated status and are basically “untouchable”, so to speak.  Like knowledgeable pointed out, EVERY employee (oops, “associate") is important in the big picture and overall operation of the company.  Treating the “lower” position employees like human beings does not mean that everyone should be “equal” ( at least when it comes to wages, influence, etc.) like you are trying to infer.

Employees are paid regardless of sales.  They are paid to clean the restroom, stock the shelf, work the cash register.  If the employee is getting the compensation they agreed to then how can they complain? 
the executives and others in the HO that receive stock options and other incentives requested those before they would be hired.  This is how a company lures in talent.
You dont have to do that for most store level positions.  I cant see them offering a janitor the same stock options because he is the best at cleaning restrooms.

Generic,
try explaining that again please.

Advice to those who deal with Big T

A man will never change his mind if he has no mind to change.

So hence prooved that you have to pay for your bad deeds. And this is wat Wal Mart and all their executives deserve, who were trying to build their homes on someone’s else ruins.