Wal-Mart's Bank Plan Withdrawal: AP Shows Strange Sympathy for the Big
March 20th, 2007 7:35 AM
Friday, Wal-Mart dropped its bid to establish a federally insured bank. It's ridiculous that they had so much trouble getting approved, because as the linked article noted:
Industrial banks have been proliferating in recent years — Target Corp., UnitedHealth Group Inc. and Harley-Davidson Inc. are among the nearly 60 that now exist. Critics say their growth dangerously blurs the line between…
