OT: Wal-Mart Watch.com

[Casca]

[quote=luchabee]
This is the only way to go. Don’t you think?[/quote]

Si, lol.

[Casca]

[quote=luchabee]
This is the only way to go. Don’t you think?[/quote]

Si, lol.

[mydogsarelazy]

[quote=michael]Wal-Mart is a great example of free market capitalism.

[/quote]

For example?

* Giving Inaccurate Testimony to FDIC. In an effort to advance its bid to open in-store ‘industrial’ banks, Wal-Mart gave regulators misleading statements about whether the company could muscle out the traditional banks already based in its stores. Wal-Mart told the Federal Depository Insurance Corporation — the nation’s bank regulator — that long-term leases with banks blocked Wal-Mart from moving into commercial banking, because the “leases signed by banks were renewed at the discretion of the banks alone.” After a report by Reuters, however, forced Wal-Mart to admit that leases with at least some banks could be renewed only if both the banks and Wal-Mart approve. Rep. Paul Gillmor (R-Ohio), a member of the House Financial Services Committee, said: “We are beginning to see a pattern of misleading or false statements from Wal-Mart with regard to their interests in branch banking.” [Reuters, 5/9/06; Cox News Service, 5/11/06]

* Sanctioned for Unethical Trial Practices. An October 1999 article in Corporate Counsel magazine cited “two dozen cases during the past 18 months” in which Wal-Mart had been sanctioned for discovery abuse, including one $18 million fine. In Texas, a judge who imposed sanctions for discovery abuse said: “Unfortunately, nefarious conduct is all too common in lawsuits in which Wal-Mart is a party.” [Wilson v. Wal-Mart Stores Inc., 199 F.R.D. 207, 208 (S.D. Tex. 2001); ABA Journal, March 2002]

[mydogsarelazy]

[quote=michael]Wal-Mart is a great example of free market capitalism.

[/quote]

For example?

* Giving Inaccurate Testimony to FDIC. In an effort to advance its bid to open in-store ‘industrial’ banks, Wal-Mart gave regulators misleading statements about whether the company could muscle out the traditional banks already based in its stores. Wal-Mart told the Federal Depository Insurance Corporation — the nation’s bank regulator — that long-term leases with banks blocked Wal-Mart from moving into commercial banking, because the “leases signed by banks were renewed at the discretion of the banks alone.” After a report by Reuters, however, forced Wal-Mart to admit that leases with at least some banks could be renewed only if both the banks and Wal-Mart approve. Rep. Paul Gillmor (R-Ohio), a member of the House Financial Services Committee, said: “We are beginning to see a pattern of misleading or false statements from Wal-Mart with regard to their interests in branch banking.” [Reuters, 5/9/06; Cox News Service, 5/11/06]

* Sanctioned for Unethical Trial Practices. An October 1999 article in Corporate Counsel magazine cited “two dozen cases during the past 18 months” in which Wal-Mart had been sanctioned for discovery abuse, including one $18 million fine. In Texas, a judge who imposed sanctions for discovery abuse said: “Unfortunately, nefarious conduct is all too common in lawsuits in which Wal-Mart is a party.” [Wilson v. Wal-Mart Stores Inc., 199 F.R.D. 207, 208 (S.D. Tex. 2001); ABA Journal, March 2002]

[mydogsarelazy]

[quote=michael]Wal-Mart is a great example of free market capitalism.

[/quote]

For example?

* Giving Inaccurate Testimony to FDIC. In an effort to advance its bid to open in-store ‘industrial’ banks, Wal-Mart gave regulators misleading statements about whether the company could muscle out the traditional banks already based in its stores. Wal-Mart told the Federal Depository Insurance Corporation — the nation’s bank regulator — that long-term leases with banks blocked Wal-Mart from moving into commercial banking, because the “leases signed by banks were renewed at the discretion of the banks alone.” After a report by Reuters, however, forced Wal-Mart to admit that leases with at least some banks could be renewed only if both the banks and Wal-Mart approve. Rep. Paul Gillmor (R-Ohio), a member of the House Financial Services Committee, said: “We are beginning to see a pattern of misleading or false statements from Wal-Mart with regard to their interests in branch banking.” [Reuters, 5/9/06; Cox News Service, 5/11/06]

* Sanctioned for Unethical Trial Practices. An October 1999 article in Corporate Counsel magazine cited “two dozen cases during the past 18 months” in which Wal-Mart had been sanctioned for discovery abuse, including one $18 million fine. In Texas, a judge who imposed sanctions for discovery abuse said: “Unfortunately, nefarious conduct is all too common in lawsuits in which Wal-Mart is a party.” [Wilson v. Wal-Mart Stores Inc., 199 F.R.D. 207, 208 (S.D. Tex. 2001); ABA Journal, March 2002]

[mydogsarelazy]

[quote=michael]Wal-Mart is a great example of free market capitalism.

[/quote]

For example?

* Giving Inaccurate Testimony to FDIC. In an effort to advance its bid to open in-store ‘industrial’ banks, Wal-Mart gave regulators misleading statements about whether the company could muscle out the traditional banks already based in its stores. Wal-Mart told the Federal Depository Insurance Corporation — the nation’s bank regulator — that long-term leases with banks blocked Wal-Mart from moving into commercial banking, because the “leases signed by banks were renewed at the discretion of the banks alone.” After a report by Reuters, however, forced Wal-Mart to admit that leases with at least some banks could be renewed only if both the banks and Wal-Mart approve. Rep. Paul Gillmor (R-Ohio), a member of the House Financial Services Committee, said: “We are beginning to see a pattern of misleading or false statements from Wal-Mart with regard to their interests in branch banking.” [Reuters, 5/9/06; Cox News Service, 5/11/06]

* Sanctioned for Unethical Trial Practices. An October 1999 article in Corporate Counsel magazine cited “two dozen cases during the past 18 months” in which Wal-Mart had been sanctioned for discovery abuse, including one $18 million fine. In Texas, a judge who imposed sanctions for discovery abuse said: “Unfortunately, nefarious conduct is all too common in lawsuits in which Wal-Mart is a party.” [Wilson v. Wal-Mart Stores Inc., 199 F.R.D. 207, 208 (S.D. Tex. 2001); ABA Journal, March 2002]

[mydogsarelazy]

[quote=michael]Wal-Mart is a great example of free market capitalism.

[/quote]

For example?

* Giving Inaccurate Testimony to FDIC. In an effort to advance its bid to open in-store ‘industrial’ banks, Wal-Mart gave regulators misleading statements about whether the company could muscle out the traditional banks already based in its stores. Wal-Mart told the Federal Depository Insurance Corporation — the nation’s bank regulator — that long-term leases with banks blocked Wal-Mart from moving into commercial banking, because the “leases signed by banks were renewed at the discretion of the banks alone.” After a report by Reuters, however, forced Wal-Mart to admit that leases with at least some banks could be renewed only if both the banks and Wal-Mart approve. Rep. Paul Gillmor (R-Ohio), a member of the House Financial Services Committee, said: “We are beginning to see a pattern of misleading or false statements from Wal-Mart with regard to their interests in branch banking.” [Reuters, 5/9/06; Cox News Service, 5/11/06]

* Sanctioned for Unethical Trial Practices. An October 1999 article in Corporate Counsel magazine cited “two dozen cases during the past 18 months” in which Wal-Mart had been sanctioned for discovery abuse, including one $18 million fine. In Texas, a judge who imposed sanctions for discovery abuse said: “Unfortunately, nefarious conduct is all too common in lawsuits in which Wal-Mart is a party.” [Wilson v. Wal-Mart Stores Inc., 199 F.R.D. 207, 208 (S.D. Tex. 2001); ABA Journal, March 2002]

[michael]

what? You pulled up some FDIC example and a nearly 10 year old Unethical Trial Practice example. Give me a break.

50 years ago a small store in Arkansas led by Sam Walton took on the big retailers of its time to become one of the largest companies in the world and you need an example of free market capitalism?

[michael]

what? You pulled up some FDIC example and a nearly 10 year old Unethical Trial Practice example. Give me a break.

50 years ago a small store in Arkansas led by Sam Walton took on the big retailers of its time to become one of the largest companies in the world and you need an example of free market capitalism?

[michael]

what? You pulled up some FDIC example and a nearly 10 year old Unethical Trial Practice example. Give me a break.

50 years ago a small store in Arkansas led by Sam Walton took on the big retailers of its time to become one of the largest companies in the world and you need an example of free market capitalism?

[michael]

what? You pulled up some FDIC example and a nearly 10 year old Unethical Trial Practice example. Give me a break.

50 years ago a small store in Arkansas led by Sam Walton took on the big retailers of its time to become one of the largest companies in the world and you need an example of free market capitalism?

[michael]

what? You pulled up some FDIC example and a nearly 10 year old Unethical Trial Practice example. Give me a break.

50 years ago a small store in Arkansas led by Sam Walton took on the big retailers of its time to become one of the largest companies in the world and you need an example of free market capitalism?

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