About Floyd Norris
- Floyd Norris, the chief financial correspondent of The New York Times and The International Herald Tribune, covers the world of finance and economics.
The more we learn about Wal-Mart’s security operation, the more it sounds scary.
The latest news, noted in a Wall Street Journal article today, quotes Bruce Gabbard, the fired Wal-Mart security employee who taped calls to company officials by my colleague Michael Barbaro, as making the following claim when he was interviewed by a company lawyer about the taping.
” ‘I’m the guy listening to the board of directors when Lee Scott is excused from the room,’ referring to the Wal-Mart chief executive. He says the lawyer dropped the topic.”
The Journal seemingly did not ask him what he did with that information. Did he pass it along to Mr. Scott, Wal-Mart’s chief executive? How do directors feel about being bugged? Will they do anything?
A Wal-Mart spokeswoman said she had no comment.