News & EventsHow one Cowboy State town managed to rebuild itself after its mines « Back to Search Results
Impartial observers like the late Gov. Ed Herschler would point at Lander as the “worst hit” town in the state during the 1980s Wyoming depression. Those of us who lived through it certainly agreed with him, although that distinction brought us no solace.
There was work to do. Our progressive Mayor Del McOmie appointed an Economic Development Commission (EDC) in the early 1980s.
That involved some interesting work, but it was also frustrating. The FDIC had closed one of our most aggressive banks and its president was sent to prison. It never reopened. Other banks were running tight and didn’t have money to lend to start-up businesses.