Bank local

It’s almost impossible to avoid consorting with the massive multi-national banks these days, save the ol’ stuffing-banknotes-under-your-mattress trick. But, if the recent mismanagement of these investment giants hasn’t already pushed you to use a local Iowa City bank, credit union or financial adviser, here’s some more news from that these Mega-CEOs really don’t have a single shred of human decency:

John Thain, the former Merrill Lynch & Co. chief executive officer ousted yesterday, spent $1.2 million redecorating his downtown Manhattan office last year as the company was firing employees, a person familiar with the project said.