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Who Wants to Bet that Walmart’s Bribery Policy Was Not in Play in India and China?

New Orleans  It still doesn’t mean that Walmart won’t walk away scot-free from its $24 million Mexican bribery scandal (and who knows how much more might have been spent in other countries like India?), but at least some directors may lose their soft perches and have their hands pried loose from the rubberstamps they have [...]

Pension Funds Demanding Walmart Board Step Down over Mexican Bribery

Walmart Protest in New York City

New Orleans   Walmart annual board meetings are legendary dog-and-pony shows with literally thousands traipsing to Bentonville for a Roman circus of entertainment and company spectacle.  This meeting next month may have a sharper edge that not even a packed room of handpicked “associates” can stifle.  It will be impossible [...]

Are Walmart Executives Being Let Off the Hook Already?

New Orleans   $24 million in bribes is not a onetime thing, a rounding error, or a mistake in judgment.  It is evidence of company policy and a corporate culture.  Walmart has proven that it is trying to buy its way into the Mexican marketplace one bribe at a time, many stores at a time.

James Stewart, a [...]

Stockholder Spring: Finally Some Stockholder Justice for Corporate Bad Behavior

New Orleans    Corporate governance and stockholder voting and input are largely boardroom jokes and swallows of hypocritical placebos used to dupe the “biscuit cookers,” what’s left of small investors, and the general public, all of which makes it nice to see some real life examples of sleeping giants stirring to action and delivering some stockholder [...]

With a Corporate Culture Built on Bribery, Walmart Was Running with Plenty to Hide

Walmart Store in Mexico City

New Orleans  We told you so!  We just couldn’t be heard clearly enough over the roaring engines of the corporate spinning machinery of Walmart in September 2005.

Let’s set the stage exactly.  In Florida at the sharp point of the organizing engagement at Walmart as the curtain was being pulled down [...]

Ripping off Mexican & Caribbean Migrant Workers in Canada

Buenos Aires One of the flash points in the USA immigration reform debate continues to be over the demand from farmers for help in their fields from migrant agricultural workers.  Recently  they left the Republican (and Obama Administration) consensus in droves as US-farmer organizations and Congresspeople bridled at the fact that employers, i.e. [...]