Word: caskey
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Dates: during 2000-2009
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...consumer loans at its usual rock-bottom prices, "the cost of banking services would decline, and consumers would say, 'This is great.'" Wal-Mart would also be in a good position to reach the 10 million households in the U.S. that don't use a bank account, says John Caskey, a professor of economics at Swarthmore and expert on the "unbanked." The company has already punctured the high cost of check cashing, which hits the unbanked hardest, by offering the service in its stores. Caskey says that with the right mix of low-cost services--bill payment, money orders, check...