Nice Banach Modules and Invariant Subspaces
  Let $\A$ be a semisimple unital commutative Banach algebra. We say that a Banach $\A$-module $M$ is nice if every proper closed submodule of $M$ is contained in a closed submodule of $M$ of codimension 1. We provide examples of nice and non-nice modules. 
Stanislav Shkarin
math.FA