Why should you care about the failure of Bank United, even if you don't have an account there?

Because, an interesting story published today on The Big Money says, the acquisition of the largest bank based in Florida by a group of private equity investors could just be the beginning. Of a round of other, smaller banks changing hands across the state.

Again.

I remember another such round. I forget who came up with this line originally, but it was so true: Florida became the shopping mall for big banks from elsewhere.

It was 1997 when Barnett, then Florida’s biggest bank, was swallowed up by NationsBank, which was swallowed up by Bank of America three years later.

Here's the article:

http://www.cnbc.com/id/30965006/