Posted on 10/14/2015 1:56:22 PM PDT by ScottWalkerForPresident2016
http://www.usatoday.com/story/money/markets/2015/10/14/walmart-biggest-owners-loss/73937892/
As Sam Walton once said, “It’s only paper.”.................
The Walton family is the richest family in the United States and one of the richest in the world. They are heirs to the Walmart fortune and the companys largest shareholders, with over fifty percent ownership of stock in the retail giant.
Sam Walton and his brother Bud opened their first Walmart discount store in 1962. Today three family members serve on Walmarts board of directors; Rob is the chair, and sits on the board with his brother Jim and his son-in-law, Greg Penner.
The six Waltons on Forbes list of wealthiest Americans have a net worth of $144.7 billion. This fiscal year three WaltonsRob, Jim, and Alice (and the various entities that they control)will receive an estimated $3.1 billion in Walmart dividends from their majority stake in the company.
The Waltons arent just the face of the 1%; theyre the face of the 0.000001%. The Waltons have more wealth than 42% of American families combined.
That’s a helluva feat of shoplifting!
“Well screw you pal. You suck.”’
That’s just a tad harsh on the noob for a poorly done post, isn’t it?
USA Today is link only.
Sssh! You’ll spoil all his fun.
It’s a USA Today story, a Gannett publication. You should know its copyright posting restrictions.
its not even a blogger, jeez man
As other mentioned, USA Today is a Gannett publication, and is on the do not excerpt list
05/06/04 -
Received another letter from Gannett Publications, publisher of USAToday, and several other newspapers. Due to contractual arrangements they have with third-party content providers, they have denied our request to allow posting of excerpts. They will only allow the posting of titles and links.
Please do not post full text or even excerpts from the following Gannett Web sites:
“Not even a single word? Just a blind link?
Well screw you pal. You suck”.
Good by to his donation to the FReepathon.
Some summary might have been nice.
...Not even a single word? Just a blind link?
Well screw you pal. You suck...
Uh, USA Today is link only.
Maybe if they tried stocking the Confederate flag and .22 ammo, business might pick up.
The article referred to describes in general how WalMart experienced a sharp stock decline which caused the prices to reduce markedly Wednesday in the biggest drop in perhaps a decade.
Which is its main point.
The rest of the article is a ho-hum yawner about how its biggest owners are hit hard by it and mentions a few of them. Then goes on to mention some other stockholders that are not in the upper percentile who are also hit because of the sudden decline in stock prices. Not really worth clicking on.
The most salient point was the stock price drop off. The rest is pretty much simply filler.
There. A summation with no direct quotes.
Cheers, Humble! :)
One would think you'd know that, given how long you have been here.
Right.
And if I kissed his butt he would donate?
I think you underestimate his tolerance and also my influence.
If your support here is based upon my comments, you might be a bit impaired.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.