Wal-Mart Stores Inc., the world's largest retailer, is a 'good corporate citizen' that should be allowed to own a bank just as other retailers, including Target Corp. and Harley-Davidson Inc., have been, a top Wal-Mart executive told federal bank regulators yesterday. (Washington Post, Tuesday)
Better yet, disestablish the banking cartel.
FEE Timely Classic
Market Money and Free Banking by Bettina Bien Greaves