Not so fast.
What Is Really Going On
When you look a little deeper, you see that Wal-Mart is actually partnering with Superior Financial Group, a non-bank lender, to offer
The full piece is at:
http://stocks.investopedia.
Monday, July 12, 2010
Wal-Mart's Sort-Of Foray Into Banking
Behold the wonders of the pithy headline. Reading the news over the past couple of days, you would think something big has happened - namely, that Wal-Mart (NYSE:WMT) is getting into the banking business and will begin making small business loans through its Sam's Club subsidiary.
Not so fast.
What Is Really Going On
When you look a little deeper, you see that Wal-Mart is actually partnering with Superior Financial Group, a non-bank lender, to offerSuperior
The full piece is at:
http://stocks.investopedia.
Not so fast.
What Is Really Going On
When you look a little deeper, you see that Wal-Mart is actually partnering with Superior Financial Group, a non-bank lender, to offer
The full piece is at:
http://stocks.investopedia.
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