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November 13, 2006
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Wal-Mart: Great Business, Not Great Corporate Citizen Positive on More Banking Competition, Ambivalent about a Wal-Mart Bank
A Weekly BDO Dunwoody CEO Business Leader Poll by COMPAS in the Financial Post

Members of COMPAS’ panel of CEOs and business leaders have mixed views of Wal-Mart. It is seen as a truly great business but a mediocre corporate citizen. It benefits consumers and the Third World while harming our manufacturing economy. Panelists are neutral overall on Wal-Mart’s extension into supermarket retailing and potential expansion into banking. Many volunteer enthusiasm for more competition in banking but Wal-Mart would not be their first preference for a new entrant.

These are the principal findings from the weekly business web-survey conducted by COMPAS for the Financial Post under sponsorship of BDO Dunwoody LLP.

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