National News
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Fed Official Raises Concerns Over Wal-Mart Entry into Banking
National News • July 14, 2006
A Federal Reserve official raised concerns this week about nonfinancial companies such as Wal-Mart and Home Depot establishing banks.
Legislation to block such arrangements has been moving forward ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Walmart wants to be a bank now, what next? | Mark H | Jul 15, 2006, 12:01 pm |
| RE: Walmart wants to be a bank now, what next? | RJ | Jul 14, 2006, 11:15 pm |
| RE: Walmart wants to be a bank now, what next? | International Insolvency Revie | Jul 14, 2006, 6:38 pm |
| Walmart wants to be a bank now, what next? | Walmart "Push & Shove" em | Jul 14, 2006, 2:00 pm |
| Back to article | ||
Subject: RE: Walmart wants to be a bank now, what next?
Who will be paid off if say "should the bank become insolvent?" selective returns, financed by premiums paid by banks.
Welcome to Wal-Bank, Stock Split, Cash Dividend's.
What a novel idea.