Thursday, May 13, 2010

Oh, Wal-Mart... Wherefore Art Thou... Wal-Mart?

Wal-Mart settled a class action suit agreeing to shell out $86 million dollars to about 230,000 California employees who had sued, claiming they were underpaid by the corporation.  Wal-Mart admitted no culpability (no shocker there).

Two things about this NPR caught my eye.  First, check out the last paragraph in the article.  It reads:
"In a statement on its website, the company says the settlement will not affect results of the first or second quarters of fiscal 2011."
Let me see if I understand this. Wal-Mart is shelling out $86 million dollars on this suit, and that amount is so paltry that losing it won't "affect the results of the first or second quarters of fiscal 2011"? Seriously?


The second thing I noticed was that NPR had added link to what it calls "related articles." The link title?

Wal-Mart To Donate $2B In Aid To Food Banks

Oh, sure... to you and me, it would be a food bank donation. To Wal-Mart, they're just subsidizing the company picnic.


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