Why Brains Of Obese People Are Different From Those With…
Meet The Clutch's Less Expensive Cousin
Wal-Mart's annual shareholder meetings are like parties. This year they had J-Lo, American Idol Jordin Sparks (pictured) and comedian Sinbad perform, and Chris Gardner, the black man who inspired the movie "The Pursuit of Happyness", gave a speech.But the picture you won't find on Wal-Mar's PR site is of the group of wealthy, white shareholders who showed up to ask for a report on why most of Wal-Mart's stock options go to white executives when the bulk of the company's employees are minorities and women who work for low wages.
The group, Responsible Wealth, calls itself a "a national network of affluent Americans who are concerned about deepening economic inequality and advocate widespread prosperity." They say their concerned about Wal-Mart's stock options practices because those options, which can be cashed in for valuable shares of the company's stock, represents potential wealth for employees that could be used to fund everything from college educations to homes to emergency funds.
Wal-Mart, what say you?
Comments: (4)
Add a comment
By: mrsA on 6/05/2007 6:57PM
i work for walmart and they got alot of bull with them. for all the stuff you got to put up with from them they need to be giving us something
Reply to this Comment | Report This
By: Damn fool on 6/06/2007 9:19AM
My Name is Dameon C Smith i worked at walmart supercenter 2679 in elkhart indiana weree we had 9 black men 3 white on hispanic our supervisor matt was a great guy to work for he was white he would help at any give time he was harrassed for any and everthing by nick the district manager so he quit the bought in vic sanchez who said his great grandfather was for spain but he was white we fired all the black men and used tim otterbrige a black man to stand behind to say he fired us not him and this happen all within to months after we had been there for almost a year carlos williams over heard nick and vic talk about they need to get rid of all these colored guy white people dont wont there blacks in there car we were fired and tim otterbrige was the escape goat and when tim found out what was going on he tried to get a transfer to a south bend store were he was told they had no opening and later went on his own to find out the did he was next to go he transfer and saved hi job he lost80 cent an hour but we were fired wal mart only wants your money they know who and what work for them when i tried to sue them vic lied and said the black man fired him not me the are known for throw a rock and hiding there hand walmart is in this for the money not to uplift the community and only the shareholder has the big balls to change how there run
Reply to this Comment | Report This
By: Marvice on 6/07/2007 7:02AM
I thought Walmart employees could buy stock in the company? And if the rich shareholders want to share then why don't they set up a fund with Walmart that for every dollar or whatever they make they give half back to a fund that is then distributed amongst the employees?
Reply to this Comment | Report This
By: evett726 on 6/16/2007 3:56PM
I notice that we (black folks) love Wal-Mart... Ambassador Andrew Young made a comment about how some of the “mom and pops stores in our community have been overcharging us selling us stale bread, bad meat and wilted vegetables. Then they make there money and moved to Florida. And then he goes on to say that he thinks they have ripped off our communities enough; first it was Jews, then it was Koreans and now its Arabs.” And I agree with him. The management issues that people is claiming, refusing to have Afro American in management position, or on an executive level we can (black folks) stop shopping there but we will not including myself.. One observation that I have notice is that the customer service is impeccable compare to Fred Meyer, Safeway, and Albertson. The people that work at these store act as if they are the owner of these stores and they can treat us any kind of a way. When I’m shopping at Wal-Mart I get a feeling that there management is bringing back that “Customer is always right” mentality. I would love to get more black folks in those positions but what can I do to help? Anyone have any suggestions?
Reply to this Comment | Report This