Best Day For Bad News

When a company or governmental agency wants to bury some information they release it late on Friday. It then enters some netherworld where it’s exists, but quietly. If the news is exceptionally bad it gets released on or just before Christmas Eve! It’s Christmas. People’s minds are elsewhere.

When a company or governmental agency wants to bury some information they release it late on Friday. It then enters some netherworld where it exists–but quietly. If the news is exceptionally bad it gets released on or just before Christmas Eve! It’s Christmas. People’s minds are elsewhere.

With this in mind two stories that should be heard but were released to be buried:

From Forbes.com – “Wal-Mart Stores has settled 63 wage and class-action lawsuits, and just in time for Christmas.

The company expects the settlement to costs between $352.0 million and $640.0 million. “

The suits had to do with employees being required to work when they were “off-the-clock.”

Wal-Mart is fiercely anti-union. It closed one Canadian tire center when its employees voted to organize. Wal-Mart is not looking forward to the Obama administration.

Our other under-the-rug story centers on Yale University. You could shoot a cannon across campus the day this story hit–the 23rd.

From Yale Daily News – “Yale has agreed to pay $7.6 million for allegedly making false claims on federal research grants, the U.S. Attorney’s Office in New Haven said Tuesday, concluding a two-year investigation of Yale’s grant administration. ”

I’m sure there are other similar stories, but there’s just so much holiday cheer one guy can spread.