Moody's yesterday followed Standard & Poor's on this: Whole Foods' debt is now officially in junk bond territory. And the Wild Oats deal is the cause: that transaction, Moody's says, "significantly increases leverage while placing further stain on the company's [Whole Foods'] already negative free cash flow." (Maybe that was a typographical error, and they meant "strain"? Either way, not good.)

Sounds like Bush, but actually it's a different dude from Texas running this particular high-priced show.

Meanwhile, one of the former Wild Oats honchos has wasted no time landing a new gig with OfficeMax.