NotesThe six children of Walmart's founders, Sam and James "Bud" Walton, had the same net worth in 2007 as the entire bottom 30 percent of American earners, according to an analysis from Sylvia Allegretto, a labor economist at University of California-Berkeley's Center on Wage and Employment Dynamics. Unfurl
Notes Imagine a mother going to Wal-Mart on Oct. 17 and buying $100 worth of Christmas toys. She makes a down payment of $10 and pays a $5 service fee. Over the next two months she pays off the rest. In effect, she is paying $5 in interest for a $90 loan for two months: the equivalent of a credit card with a 44 percent annual percentage rate, a level most of us would consider predatory.
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Notes"All those companies (cough Amazon cough Apple cough) that say they're only doing DRM for now, until they can convince the stupid entertainment execs to ditch it, heed this lesson: you will spend the rest of your corporate life paying for this mistake, maintaining infrastructure whose sole purpose is to lock your customers into a technology restriction that no one really believes in. Welcome to the infinite cost of doing business with Hollywood. "Unfurl
Notes"Hey suckers! Did you buy DRM music from Wal*Mart instead of downloading MP3s for free from the P2P networks? Well, they're repaying your honesty by taking away your music. Unless you go through a bunch of hoops (that you may never find out about, if you've changed email addresses or if you're not a very technical person), your music will no longer be playable after October 9th. "Unfurl
Notes"At any rate, Mr. Hart said he wanted the newspaper to get its racks off his lots. But he also said that if I fired Mark, we could talk about continuing to sell the newspaper at his stores."Unfurl
Walmart Heirs Worth Same Amount As Bottom 30 Percent Of Americans In 2007: Analysis
Is Layaway Ever a Good Idea?