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General Electric Co., General Motors, Merrill Lynch & Co. Inc., Morgan Stanley, American Express Co. Target Corp, Nordstrom, Daimler-Chrysler, Harley-Davidson, et al, already have set up industrial banks. In May 2005, Warren Buffett's Berkshire Hathaway Inc. announced plans to operate a Utah industrial bank to handle consumer loans for its R.C. Willey Home Furnishings stores. EXTERNAL LINKS {Link without Title} |
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