Seven Degrees from Normal

Two people, eighteen years of marriage, seven college degrees.

Monday, October 25, 2004

We don't endorse them, we just fund them

When line workers at the Land's End factory in Dodgeville Wisconsin were invited to see American hero Rudolph Giuliani, they thought they'd be hearing a motivational speech. After all, CEO Mindy Meads had e-mailed them only hours beforehand, saying, "Please note, Lands' End does not endorse any political candidate." But in fact the workers were treated to a campaign pitch, including some hard-core Kerry bashing.

Lands' End was acquired by Sears, Roebuck & Co. in 2002 for $1.9 billion.

Sears (a publicly-held company) was indicted last month for allegedly making illegal corporate campaign contributions to Tom DeLay's political action committee, Texans for a Republican Majority (TRMPAC).

Anyone who owns stock in Sears (NYSE: S) might consider sending a letter questioning whether Giuliani's speech was in the shareholders' best interest, given that the company is currently under indictment.

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