If Walmart's involved, no good can come of it.
Personally, I'd worry more about the Citizens, the BOAs, the Citicorps and the HSBCs and their affects on community banking than I would Walmart. Besides, there seems to be more than one other major corporation owning a bank of this sort already and nobody has a problem with that.
On another, tangentially related note: this doesn't surprise me at all. Will be interesting to see how it plays out in the media, especially if she decides to run for president.
Friday, March 10, 2006
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