Libraries Boom as Banks Swoon
Recessions aren't bad for everyone just ask your local librarian.Even as Bank of America (BAC) and Citigroup (C) 2 of the biggest banks in the world and the erstwhile pillars of our economy fight for survival the business of handing out information for free is booming.The Wall Street Journal reports public libraries around the country are experiencing a spike in attendance confounding skeptics who thought the Internet would render these time-honored community centers obsolete.The recent increase in library use isn't necessarily surprising: Free Internet and other resource materials attract the unemployed and others long on time short on income-producing work. ...
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