The Bank Crisis: Where Not to Job Hunt…But?
March 2, 2010 Twenty-two U.S. banks failed in the first 57 days of 2010. The failure rate is very close to the pace of the 142 bank failures we witnessed in 2009. When a bank fails, the Federal Deposit Insurance Corporation (FDIC) takes over the institution, then attempts to persuade another (presumably) solvent bank to assume all or most of the deposits of the failed bank. Invariably, the employees of the bank that collapsed lose their jobs. This includes the bank's legal staff. However…