As the economy collapses around us, it's reassuring to know that Reston is at the very heart of the sclerotic global marketplace. From West Virginia to North Wales, we're kicking all kinds of hiney (or pattotey, depending on whether you're in the former or latter exotic locale.)
- Reston bank Greater Atlantic Financial Corp. is about to be purchased by a West Virginia bank, Summit Financial Group of Moorefield. We could make a joke about how the West Virginia bank must be seeking to diversify its portfolio of subprime paper on various and sundry mobile homes, but we'll leave that for the elitists at The Wall Street Journal and just point out that many of the conveyances its customers borrow money to buy can't be parked here.
- A British company, Serco Group PLC, agreed to buy Reston-based SI International Inc., a federal IT contractor, for $423 million -- or, in British currency, "tuppence."
- The North Wales Police Department opted to outsource its e-mail to the Reston headquarters of Unisys. Terms weren't announced, but we're assuming Unisys will at least get a shiny ha'penny for its efforts, which appear to involve migrating thousands of e-mails all one sentence long: "What's all this then?" Who knows, maybe they thought Unisys was headquartered in this Reston.
- Doomed homebuilder Comstock reaches some complicated yet intensely boring deal with one of its lenders. Those particleboard tract subdivisions aren't going to build themselves, after all!
We'll be burying our gold bullion in the back yard.
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