The Death of Wal-Mart – The Real Cash King Changing the Face of Retail

[John]

** good read **  Click for a complete article  from Motley Fool

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"The Best Bargain Is the CEO Himself"

That's how Smart Money described the founder and executive, whose base salary is just $350,000. Even with a $200,000 cash bonus, his half-million-dollar salary is shockingly low. Especially when you consider the $18 billion in bonuses bankers took home in 2008.

But that's just how much Jim Sinegal cares about seeing his business — and its investors – flourish.

Here at Motley Fool we've crowned him "Most Foolish CEO." Frankly, we've long considered Sinegal's Costco Wholesale {Nasdaq: COST} one of the best-run companies around. Its stock hasn't always been cheap, but now that the market is at its lowest levels in almost a decade, Costco's shares are as much of a bargain as the stuff it sells.

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