What About All Tho$e Bank$ ???

Peggy: there are now more banks than churches or gas stations in Dallas the USA, so what would we do if they had to shutter? You may recall I told you a year ago that Wachovia’s $451,000 monthly land lease at Preston and Mockingbird is one of the highest in the nation… wonder how much traffic they are losing with all that construction? (Now Wells Fargo pays the rent.) Anyhow, Preston Center is only getting busier what with the Staubach building and more development, including rumors that George Bush will office in that building (which have been denied) or in Trammell Crow’s redevelopment of the old Parkland Hospital. But read an article today saying that smaller and mid-size banks may actually weather this economic crisis and — you’ll never guess it — profit.