Sunday, January 20, 2008

Always American Wal-Mart

According to Wal-Mart’s SEC filing, CEO Lee Scott’s total compensation was $29.7 million. Scott’s salary is 900 times the pay of the average Wal-Mart worker despite pressure from regulators and shareholders to rein in excessive executive pay in the industry. [Arkansas Business Weekly, 4/20/07; Asia Times, 10/13/07]

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