Another blow for the handshake deal.

What’s it worth to watch up to 30-year-old videos of meetings with Wal-Mart executives? About $250 an hour, apparently. Here’s the story in the Wall Street Journal, which involves and handshake deal, a little politics and lawyers, the latter of which seems to defeat one of the primary purposes of the handshake deal.

My guess is that today plenty of companies are reviewing the terms and security of their archives, possibly with tiny beads of sweat on their foreheads.