Birth of banking’s mammals? Part 2, emerging evolution
By: David A. Smith [Continued from yesterday's Part 1.] In yesterday’s post examining a recent New York Times story on the rise of Wal-Mart Money centers, the Times danced around exactly what the Wal-Marts were and whether they were beneficial. Let’s be clear – Wal-Mart intends to become the nation’s largest bank-by-any-other-name, [...]