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National Bank of Wal-Mart

Started by arbman , Mar 15 2007 08:55 PM

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4 replies to this topic

#1 arbman

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Posted 15 March 2007 - 08:55 PM

The congressman on Bloomberg says they will push the "proper" laws to prevent an industrial company get into the banking business for the "stability" of the financial world. :lol:

Wal-Mart for full-on banking in the news

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#2 Rogerdodger

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Posted 15 March 2007 - 10:15 PM

I wonder if they will offer $4 generic mortgages?

Wal-Mart (WMT) has renegotiated leases with banks operating in its stores, giving it the explicit right to offer mortgages, loans and other financial ...

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#3 pdx5

I want return OF my money more than return ON my money

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Posted 15 March 2007 - 10:27 PM

We are filling all our family prescriptions at Wal-Mart for $4. Thankfully we don't need very many, but the cost savings in percentage terms are astounding. We buy almost all our groceries at Wal-Mart Supercenter. Sorry Safeway, Albertsons & Fred Myers...your prices are higher. I guess the union shops are having a hard time competing with a non-union shop. What really strikes me is that the employees at Wal-Mart are more helpful and show a better attitude towards the customer than their competition. But if Wal-Mart opens a bank, I will not switch because the local bank we deal with has extremely friendly and cheerful employees. Even when my check bounces because of my own mistake, the bank reverses the insufficent funds charge when I request it.

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#4 OEXCHAOS

Mark S. Young

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Posted 16 March 2007 - 06:21 AM

I suspect that were WMT in the banking business, you'd not see them involved in any of the sub prime idiocy. They are a tough competitor and I suspect that they'd put a number of third rate banks out of business.

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#5 Rogerdodger

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Posted 16 March 2007 - 09:41 AM

We are filling all our family prescriptions at Wal-Mart for $4.
Thankfully we don't need very many, but the cost savings
in percentage terms are astounding.

AMEN!

One lady told me the generic drugs they sell for $4 were drugs which don't work.
It's funny how many people hate Wal-mart. Almost like a religious aversion.
So when they shop there they wear a disguise (which Walmart sells).
You've seen 'em in there:

[img]http://tbn0.google.com/images?q=tbn:EtMa4lQ74wK8CM:http://www.danaroc.com/dailies/wp-content/themes/danaroc/uploads/disguise.jpg[/img]

Edited by Rogerdodger, 16 March 2007 - 09:41 AM.