Arkansas Blog

Who says crime doesn't pay?

Arky

Thief

Actually crime cost him. Dropping from a $16 million retirement package to a $6.7 million package is a big step down no matter how large the reduced amount seems to most of us.
If Walmart will screw a fully crippled injured woman out of her legal settlement with another company then why should any officer feel safe? It's mo money for the stockholders, mostly Waltons and friends, and large hedgefunds. Tom was no longer in the club. Screw him.
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I feel SO sorry for him. He lost $10M dollars. Waaa! My heart bleeds! He lost 2/3 of what he had coming but I think I could live off of $6.7M for a while. Now had I lost 2/3 of my income, I probably wouldn't last as long as him.

The fact is he DIDN'T go to jail and you or I would have had we done what he did. I guess it doesn't hurt that he had money and was in the social circles of the powers that be.

He may have lost some money but his status kept him out of jail. Best $10M he could ever spend.

Arky

Has anyone been keeping up with the $ amount Wally World has lost in court/settlements since Tom (the head prick or prick head) Mars has been in charge of legal for them..... Seems like they lose all the time now - guess 10 mil is a win even if you lose... Come on, Tom , caint you do for Wally World what you did for the State Police?

Oh oh.....6.75 million. By McCain's accounting this makes Coughlin rich! How many houses does Coughlin own? Oh.....he can't remember....he'll have get his staff to get back with us......

By the way, how many houses does Mark W. Pryor own? Oh that's right he's living with his brother in DC. Say......a while back Tim Hutchinson was living with his brother in DC too......ummmmmm....Houston we have a problem.......

Sending Tom Coughlin to prison would have ended up costing the taxpayer much more money. The man is at death's door and he and wife have the money and savvy to sue for maltreatment were his health care is not up to minimum standards. This means lots of medical and legal expense for the state.

But the real justice will be in Coughlin's struggle to collect what Wal-Mart has agreed to pay. No one knows that better than Coughlin who was part and parcel of Walmarts tight fisted payment strategy.
Then there will be 33% federal tax and 7% state tax due unless it was structured in certain
ways prior to the settlement.

I'd much rather be "struggling" with $6.7M trying to figure out how to pay federal and state taxes than doing the same with 1/3 of MY income.

But that's just me.

Cry all you want for "poor" Coughlin. Maybe he can go to the local WalMart, steal some dog food from the shelf and see how "ordinary" people get treated. Oh, wait. He already stole dog food from WalMart.

Arky

WM will likely hit their suppliers with some sort of charge to pay the tab and threaten to pull their stuff off the shelves for those that choose not to cough up some cash.