January 19, 2008 – 6:35 pm

Is now the PERFECT OPPORTUNITY for WalMart to enter the banking industry?

We see no formidable complaints as to why WalMart should not enter the banking industry, at this time. With enough capital, WalMart may be able to clog the relentless hemorrhaging on the street. There is a suitable candidate to prey on, ETRADE. Damaged and beaten, E-Trade could be the perfect bait WalMart needs to justify its entrance in the banking industry to save the banking industry in general.

What more suitable punishment could Congress afford the industry? If Walmart is permitted to acquire a bank, it would demonstrate Congress has a bite to its bark.

Post a Comment