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Non-Tech : Whole Foods Market (WFM) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (380)	12/13/2008 9:43:04 PM
From: Sr K	Respond to of 438

A fair resolution would be for the FTC to drop the case, but they probably are concerned that WFM would sue for their legal costs incurred on this vendetta. With a new Administration and bailouts prevalent, they'll settle for at least $8m.

To: Glenn Petersen who wrote (380)	12/14/2008 9:19:05 AM
From: rrufff	Read Replies (1) \| Respond to of 438

Unfortunately, the taxpayers are paying for this waste of resources. Plus a really good "green" company is being punished. I'm not a shareholder yet, but Whole Foods is the one store that many people trust. It's not a seller of organics, it encourages many levels of green production, local farming activism and environmental protection. Employees are treated so much better than at the competition, you can see it on their faces. I still think the stock goes lower and wouldn't buy here. Mackey is partially to blame, but the FTC here is just plain wrong on competition grounds and in motivation. There is so much out there, elsewhere, that the government could do to protect consumers. They could start with banking fees and use of float by the bailout scammers.