business news in context, analysis with attitude

• The trial begins tomorrow in a civil lawsuit as Walmart looks to void the multimillion dollar retirement package enjoyed by its former vice chairman, Tom Coughlin, who pleaded guilty and is currently serving a sentence for wire fraud and tax evasion.

Walmart maintains that Coughlin was obligated to disclose that he was stealing from the company when he negotiated his retirement agreement. Coughlin, who is serving his sentence in home detention because of alleged health problems, disagrees.

KC's View:
As a civilian, it is hard for me to understand how Coughlin could keep his retirement package. But maybe that’s because the judicial system sometimes seems to have very little to do with justice.