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Richard Wooten controls spending in the neighborhood of $400 million as the director of corporate travel for Lockheed Martin Corp., but there was one area that always struck him as out of line–the $100 million of costs related to meetings that Lockheed organized for such constituency groups as shareholders, its board of directors and employees. Last year, he decided it was time to drill down, so Wooten approached U.S. Bank about participating in a Visa meeting card program.

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