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Fri Nov 2, 2012, 03:01 PM

Jim Walton, Walmart Heir, Accused Of Campaign Finance Violations...

Source: Huffington Post



An advocacy group on Friday filed a Federal Election Commission (FEC) complaint alleging that Walmart heir Jim Walton violated campaign finance laws by contributing more than the individual legal maximum to candidates during the 2008 election cycle. Walton is the seventh-wealthiest person in America, according to Forbes.

The complaint was filed by Our Walmart, a group affiliated with the United Food and Commercial Workers Union. Our Walmart discovered the evidence while reviewing Walton's 2012 political donations, according to a spokesman for the campaign Making Change at Walmart, which is also affiliated with the United Food and Commercial Workers Union.

Walton is chairman and CEO of the Arkansas-based Arvest Bank Group, Inc., which owns 16 locally managed banks with various branches in communities throughout the Midwest. Walton does not work directly for Walmart, but as the youngest son of Walmart founder Sam Walton, he is an heir to one of the country's greatest retail fortunes and has a net worth estimated at $26.8 billion, according to Forbes.

Read the entire complaint here (refresh page if it fails to load)...

Read more: http://www.huffingtonpost.com/2012/11/02/jim-walton-walmart-heir-campaign-finance-violations_n_2064460.html

7 replies, 2867 views

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Reply Jim Walton, Walmart Heir, Accused Of Campaign Finance Violations... (Original post)
Indi Guy Nov 2012 OP
montanto Nov 2012 #1
cstanleytech Nov 2012 #7
Mnemosyne Nov 2012 #2
Dont call me Shirley Nov 2012 #3
lumpy Nov 2012 #4
NoOtherMedicineNovel Nov 2012 #5
defacto7 Nov 2012 #6

Response to Indi Guy (Original post)

Fri Nov 2, 2012, 03:06 PM

1. LOL. good to hear.

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Response to montanto (Reply #1)

Fri Nov 2, 2012, 06:59 PM

7. "LOL. good to hear." No, not really.

Its interesting to hear, good to hear would be if the article started with "Jim Walton, Walmart Heir Was Convicted Today of Campaign Finance Violations"

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Response to Indi Guy (Original post)

Fri Nov 2, 2012, 03:07 PM

2. More, more, more... nt

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Response to Indi Guy (Original post)

Fri Nov 2, 2012, 03:10 PM

3. Wonder how much he gave to kkkarl

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Response to Indi Guy (Original post)

Fri Nov 2, 2012, 03:10 PM

4. There is not one godamn area where the Publicans have not cheated or committed

illegal acts. Will we be stuck with this sort of unAmerican activity for the rest of our lives? Or should strict oversight and consequences be put into motion?

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Response to Indi Guy (Original post)

Fri Nov 2, 2012, 03:20 PM

5. Little by little, inch by inch, are we seeing a growing trend to expose the 1%-ers' shenanigans?

Such sweet victory it will be.

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Response to Indi Guy (Original post)

Fri Nov 2, 2012, 03:34 PM

6. OK... This means they know they've lost...

If they were winning, they know they could hide. Since Mitt is losing, the law's gonna get'm. That's what I'm hoping for. When Mitt loses, there will be nowhere to hide.

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