News & Politics

Best of 2005: Longest Fall

Washington's historic Rigg's Bank takes a hard hit

After revelations of corporate extravagance and financial difficulties, Washington's historic Riggs Bank went from touting itself as "the most important bank in the most important city in the world" to being gobbled up by PNC.Washingtonian staffers contributing to this section were Cristina Abello, Susan Baer, Susan Davidson, Ken DeCell, Rebecca Dreilinger, Kim Isaac Eisler, Mary Clare Fleury, Kimberly Forrest, Brooke Lea Foster, Garrett M. Graff, Cynthia Hacinli, Thomas Head, Todd Kliman, Ann Limpert, Chad Lorenz, Leslie Milk, Aparna Nancherla, William O'Sullivan, Cindy Rich, and Chris Wilson. Also contributing were Cathy Alter, Ann Cochran, and Matthew Graham.