After Flagler Productions was dropped by longtime customer Wal-Mart Stores, Inc. (NYSE: WMT) a few years ago, the small Kansas production company laid off most of its staff. It's the same story that many small business vendors have experienced from the world's largest retailer, and it's a lesson learned. In other words, don't put all your eggs in one basket.

But Flagler is having a new day in the sun, and this time it's at Wal-Mart's expense. The company is releasing almost three decades of internal Wal-Mart video footage to the public for a fee. Everything from Wal-Mart management dressed in drag to trash talk about unions. Of course, litigious law firms are probably going to line up outside Flagler's headquarters to buy this footage and incorporate it into any lawsuit that can be drummed up.

In addition to some fairly candid moments by recent Wal-Mart executive management, there is a clip in the Flagler archive that depicts Wal-Mart founder Sam Walton telling his board of directors that not enough women were in management way back in the 1980s.

As many of you may know, Wal-Mart was involved in the largest gender discrimination class-action lawsuit in this decade for alleged discrimination towards female employees in management ranks. What is unknown is if Wal-Mart will pursue a case against Flagler for selling these internal videos to any interested party. Stay tuned for that decision, as invariably some of these videos will appear on YouTube shortly.