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An investor group led by veteran Louisiana banker Daryl Byrd has completed its purchase of Morgan City-based MC Bank four months after announcing the deal and two months after a rival bank filed a lawsuit alleging Byrd's team improperly wooed its employees and customers.

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Everett Dirksen, who served in the House and Senate in the 1950s and ‘60s, was a harsh critic of spending by the federal government. He said, “A billion here, a billion there, pretty soon you’re talking real money.” Dirksen’s ironic comment would be sadly out of place these days. To cite one…