April 23, 2005

Wal-Mart exec may have used as much as $500,000 to pay for anti-union activities.

"Thomas Coughlin, who was vice chairman of Wal-Mart's board and formerly held the title of president of Wal-Mart Stores, resigned from the world's largest retailer in March after Wal-Mart found what it said was a pattern of expense-account abuses and the use of false invoices to obtain reimbursements.

"Following his resignation, accusations emerged that Coughlin may have
used undocumented expense payments of as much as $500,000 to pay for anti-union activities."

-- see CNN's entire article here or see more on Wal-Mart's union practices in another CNN article here.






5 comments:

  1. if i were more knowledgeable, I would contribute to this article.

    thanks for posting

    ReplyDelete
  2. "Forbes magazine points out that if Wal-Mart were its own economy, it would rank 23rd in the world, with a GDP between Austria and Saudi Arabia. It is the largest private employer in the United States, Mexico, and Canada. It holds a 8.9 percent retail store market share; in other words, $8.90 out of every $100 spent in American stores is spent at Wal-Mart."

    quite a company, eh?!!

    ReplyDelete
  3. hey, that led to a great link! check this out, a walmart-wiki!

    ReplyDelete
  4. In my case about 65 out of 100 is spent at walmart. I just got back from walmart... :)

    ReplyDelete
  5. I am so glad that there are people like you who take the time to expose the powers and principalities that pollute and cheapen Gods creation, their (walmarts) practices are the veiled violence that has destroyed so much of the beauty of this world.
    Your eyes see much meg dunn, but having eyes to see and ears to hear require courageous choice - there's no wasting going on with your mind.
    Thank you Meg.

    ReplyDelete

Leave me a note!