[Anyone] stock prices and more
totem at laplaza.org
totem at laplaza.org
Thu Jan 10 17:50:03 MST 2008
FACT OF THE DAY
At Wal-Mart Stores 2007 annual meeting in Fayetteville, Arkansas, many
shareholders attacked Wal-Mart over sagging stock price. "In 2000, Wal-Mart's
stock price was $60. Now it's $47," the president of the National Legal and
Policy Center attacked. Others, including Sister Susan Mica, presented a
shareholder proposal requiring Wal-Mart to report the gap between senior
executive compensation and its lowest-paid workers. "In 2006, Wal-Mart's CEO
compensation was 600 times the average pay of a Wal-Mart U.S. employee. From
our perspective, this is a scandal," Mica said. [CNN Money, 6/1/07]
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