29
Jan
2007
House lawmakers trying to ban Bank of Wal-Mart
The US House Financial Services Committee introduced a bill today that will ban commercial companies from owning a bank. Specifically, it bans them from owning an industrial loan company. The bill was co-sponsored by both the top Democrat and Republican in the committee.
It’ll be interesting to see how this one pans out. Wal-Mart shoppers have a "common bond", don’t they?
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