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IPFS News Link • Economy - Economics USA

House bill would close Wal-Mart bank loophole

7-10-2006 • Reuters

A bipartisan bill aimed at closing a loophole that allows retailers such as Wal-Mart Stores Inc. to own industrial loan companies. The legislation would restore the traditional separation between banking and commerce. [That'll save the economy.]

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Reported By Powell Gammill

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House bill would close Wal-Mart bank loophole

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