When Bob Dieter was CIO of Vineyard Bank, he carried out his CEO's vision to make communication among execs and board members seamless-the $1.9 billion-asset (in 2009) bank spent more than $1 million on Tandberg video conferencing equipment and infrastructure.

But after struggling for years, Vineyard succumbed to the weight of its bad commercial real estate loans and was shut down by the FDIC in July 2009. What remains of the bank is being auction off by an FDIC-hired auction house, with everything from check scanners to servers and wall art going to the highest bidder.

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