[Anyone] Wally World stock prices and worker wages

[JMac]

Who is "Sister Susan Mica"?

Why is she called "Sister"?

Is she a nun?

 

 

 

-----Original Message-----
From: anyone-  totem at laplaza.org
Sent: Thursday, January 10, 2008 5:50 PM
Subject: [Anyone] stock prices and more

 

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]