[Anyone] Wally World stock prices and worker wages

totem at laplaza.org totem at laplaza.org
Fri Jan 11 10:22:45 MST 2008


JMac <buteonidae at msn.com> said:

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> Who is "Sister Susan Mica"?
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> Why is she called "Sister"?
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> Is she a nun?

Here's the full story:
http://money.cnn.com/2007/06/01/news/companies/walmart/index.htm?
postversion=2007060116
And yes, she is a nun.


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