The corporation had to maintain its water facade to keep its banking charter.

The "Reverend", though chairman of the holding company, could not be found listed as a member of the board of the subsidiary that applied for the banking charter.

And so are their banking charters and railroad franchises and all the other monopoly games of capitalism-

Supporters hoped that they would eventually be able to secure a formal banking charter.

The Fed said it took the action today because the Comptroller had granted Chemical a national banking charter for its trust unit before the 1985 court injunction.

Hibernia's commercial banking charter will give the company the ability to offer more products, using its well-honed strategy of blanketing the United States with mail offers.

Wal-Mart insisted that it was not interested in running a retail bank, but saw obtaining a banking charter as a way to save money by internally processing credit and debit card transactions.

Approval of the banking charter was apparently not enough to offset the news of the lawsuit.

MTB first applied for a banking charter two years ago.

After the scam became public, Nauru revoked G.M.I.'s banking charter.