Bank Fails, Cactus Remains
An old-time Milwaukee bank is brought down by its bad loans (I guess they weren’t too big to fail) and all that’s left are some scraggly cactus in the desert. Why were they investing in the desert anyway?
On an empty desert lot covered with snake holes, cactus and scraggly brush lie the clearest clues to the demise of Marshall & Ilsley Corp., the once-great Wisconsin bank company brought down by its expansion into red-hot real estate markets at the worst possible time. Photo/Roy Dabner