Retail Bank

Here's a nice looking retail bank I spotted in New Orleans:

 

I've finally gotten around to start the laborious process of updating the wiki at our sister site: Informed Banking.

I'm changing from a custom built wiki engine (actually the predecessor to Private Wiki) to MediaWiki, the same engine that powers Wikipedia.

Investment banks aren't the only ones feeling the pain of a recession, retail banks are failing in startling numbers.

Many failures and seizures by the FDIC go subtly unnoticed - it usually happens on a Friday, and by Monday, the bank has been auctioned off to a larger bank for acquisition.

Thanks to the United States Treasury Department $700 billion "bailout", it appears that bank failures have largely subsided for the time being. Let's hope it stays that way!