Finance Junkie at Pluggedinfinance had a pretty good idea. Why not allow WalMart to bail out one of these failed banks?
I think it’s a splendid idea. I like WalMart. I disagree with the arguement that WalMart puts mom and pops out of business. I think that WalMart makes life better for a pretty large number of people. And I, for one, would be excited to see what they would do to the banking industry should they enter the market.
So, why not let WalMart buy a bank? I’m sure they’ve got the capital. And they have the will and ability to pull a bank out of the hot water.
I wonder who needs to be contacted to get this moving?