Wednesday, June 20, 2007

New York Times: Wal-Mart to Expand Financial Services

In a move that will cause concern in banking circles, Wal-Mart is expading its finacial product mix. Click on the post for the full story. Someday, they dream of being in equity loans. Maybe they will do payday loans too. Or even have a pawn shop annex. How convenient.

I just do not see them doing stocks or bonds. Maybe penny stocks though.

What do you think?

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