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Walmart's biggest owners lose $14.7B in a day!
USA Today | 10/14/2015 | Matt Krantz

Posted on 10/14/2015 1:56:22 PM PDT by ScottWalkerForPresident2016

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1 posted on 10/14/2015 1:56:22 PM PDT by ScottWalkerForPresident2016
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To: ScottWalkerForPresident2016

As Sam Walton once said, “It’s only paper.”.................


2 posted on 10/14/2015 1:57:50 PM PDT by Red Badger (READ MY LIPS: NO MORE BUSHES!...............)
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Comment #3 Removed by Moderator

To: ScottWalkerForPresident2016

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 company’s 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 Walmart’s 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 Waltons—Rob, 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 aren’t just the face of the 1%; they’re the face of the 0.000001%. The Waltons have more wealth than 42% of American families combined.


4 posted on 10/14/2015 1:59:38 PM PDT by JoeProBono (SOME IMAGES MAY BE DISTURBING VIEWER DISCRETION IS ADVISED;-{)
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To: ScottWalkerForPresident2016

That’s a helluva feat of shoplifting!


5 posted on 10/14/2015 1:59:45 PM PDT by Buckeye McFrog
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To: humblegunner; ScottWalkerForPresident2016

“Well screw you pal. You suck.”’

That’s just a tad harsh on the noob for a poorly done post, isn’t it?


6 posted on 10/14/2015 2:01:25 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: ScottWalkerForPresident2016
Not surprised by this. The stores are being run with half the staff that they used 10 years ago, yet they still aren't doing well (mostly) due to the lousy economy. Yet, Walmart was on board with Obamacare and has been one of the large companies that has been spouting the Obama/Democrat party line since 2009, so the chickens are coming home to roost.
7 posted on 10/14/2015 2:02:08 PM PDT by Major Matt Mason (Those that can, do, those that can't, work in the Beltway.)
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To: humblegunner

USA Today is link only.


8 posted on 10/14/2015 2:03:05 PM PDT by Sidebar Moderator
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To: Sidebar Moderator

Sssh! You’ll spoil all his fun.


9 posted on 10/14/2015 2:03:42 PM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: humblegunner

It’s a USA Today story, a Gannett publication. You should know its copyright posting restrictions.


10 posted on 10/14/2015 2:03:44 PM PDT by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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To: humblegunner

its not even a blogger, jeez man


11 posted on 10/14/2015 2:05:20 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: humblegunner
Overreact much?

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:

12 posted on 10/14/2015 2:06:34 PM PDT by garyb
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To: humblegunner

“Not even a single word? Just a blind link?

Well screw you pal. You suck”.

Good by to his donation to the FReepathon.


13 posted on 10/14/2015 2:06:45 PM PDT by laplata ( Liberals/Progressives have diseased minds.)
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To: Sidebar Moderator

Some summary might have been nice.


14 posted on 10/14/2015 2:08:15 PM PDT by humblegunner (NOW with even more AWESOMENESS)
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To: humblegunner

...Not even a single word? Just a blind link?
Well screw you pal. You suck...

Uh, USA Today is link only.


15 posted on 10/14/2015 2:10:13 PM PDT by Sasparilla (If youce, prepare for war.)
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To: Major Matt Mason

Maybe if they tried stocking the Confederate flag and .22 ammo, business might pick up.


16 posted on 10/14/2015 2:12:00 PM PDT by PhiloBedo (You gotta roll with the punches and get with what's real.)
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To: humblegunner; All

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! :)


17 posted on 10/14/2015 2:18:07 PM PDT by Utilizer (Bacon A'kbar! - In world today are only peaceful people, and the muzlims trying to kill them)
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To: humblegunner
From my experience, USA Today is title-and-link only, not even an excerpt is allowed.

One would think you'd know that, given how long you have been here.

18 posted on 10/14/2015 2:18:48 PM PDT by ScottWalkerForPresident2016
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To: laplata
Good by to his donation to the FReepathon.

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.

19 posted on 10/14/2015 2:22:16 PM PDT by humblegunner (NOW with even more AWESOMENESS)
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To: JoeProBono
The Waltons aren’t just the face of the 1%; they’re the face of the 0.000001%. The Waltons have more wealth than 42% of American families combined.

Well, then, let's just march them into Yankee Stadium and have them all flogged on live TV, just before we pull out their fingernails and roast them on spits.

I'm Bernie Sanders, and I approve this message.


20 posted on 10/14/2015 2:22:47 PM PDT by Buckeye McFrog
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