Why did Michelle Obama have to quit the TreeHouse Foods board of directors in 2007?
Sweet column: Michelle Obama quits board of Wal-Mart supplier.
By Lynn Sweet on May 22, 2007 8:44 PM
'WASHINGTON — Michelle Obama resigned Tuesday from the board of TreeHouse Foods Inc., a Wal-Mart vendor, eight days after husband and White House hopeful Sen. Barack Obama (D-Ill.) said ...'
Why do Democrats rarely mention that Michelle Obama was on the board of directors of a Walmart supplier?
- 7 years agoFavorite Answer
Just think.... today's stock price is close to $70/share... and she had options to buy 2000+ shares at $29.65...... That's an $800K profit just waiting for her to cash in upon....
And her party is " for the normal guy"... yeah... right...Source(s): http://finance.yahoo.com/q?s=ths&ql=1
- AntonioLv 67 years ago
It is a political move to protect the image of a presidential candidate of Democrats.
- justaLv 77 years ago
Its not a secret, all the board members of any corporation are public information.
When someone is that close to a high up politican they divest so as not to even have the appearance of something bad.
This is something very common among all sides, which might be why no fuss was made, there was no reason to fuss.
- Anonymous7 years ago
Because the role models of the Democratic Party proudly serve the 1%.
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- VirgilLv 67 years ago
People do this and move on all the time!