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Old 06-21-2008, 02:39 PM
 
Location: Crown Town
2,742 posts, read 5,984,243 times
Reputation: 1666

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Quote:
Originally Posted by ninerfan55 View Post
The entire Charlotte metro has about twice as many Fortune 1,000 companies heardquarted here than Portland, which is much larger

actually, charlotte is significantly bigger than portland.
Sorry, but that's not true at all. Metro Charlotte has just a little over 1.5 million people, while metro Portland has over 2.1 million people. And I'm sure anyone who has ever visited both places can attest that Portland is a much larger place.
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Old 06-21-2008, 02:51 PM
 
Location: The 12th State
22,974 posts, read 58,470,348 times
Reputation: 14917
moderator note:
I appreciate the last few posters points but this thread is veering off topic . You can continue your discussion in another thread or use the new public profile chat feature in your profiles.
Thanks
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Old 06-21-2008, 08:27 PM
 
Location: Charlotte,NC, US, North America, Earth, Alpha Quadrant,Milky Way Galaxy
3,769 posts, read 6,751,702 times
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Quote:
Originally Posted by SunnyKayak View Post
You got me racking my brain from decades ago . I remember Wachovia way before the First Union merger before their prominence in Winston Salem and it was a bank out of Atlanta. If I remember first union bought out Wachovia but they kept the Wachovia name?
I remember way before this they merge over a bank that I use to deal with and I cannot think of it but it help their presence in North Carolina.
That's absolutely correct. FTU bought Wach but kept the Wach name.
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Old 06-22-2008, 08:44 AM
 
Location: State of Being
35,885 posts, read 67,004,073 times
Reputation: 22370
Quote:
Originally Posted by CarolinaCruzes View Post
And before it was NationsBank it was NCNB (North Carolina National Bank).
Thanx, CC!!! I was trying to remember if it was built as NationsBank or not. I used to love driving to the airport and seeing the "new" bank building looming right in front of me. I have always found that building's architecture so appealing . . .
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Old 06-22-2008, 08:51 AM
 
Location: State of Being
35,885 posts, read 67,004,073 times
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Quote:
Originally Posted by bibit612 View Post
Ani, did a little googling...BofA bought Fleet.

It only took one big time layoff each for DH and I at the same bank in Southern CA for us to learn to stay away from employment in banking, unless we're desperate! It is just too volatile of an industry. Back then we worked at corporate HQ which housed 12,000 employees. The President who then took over as CEO ran the bank down to the ground to the point of takeover by then Great Western who then got taken over by WaMu. Who knows where WaMu would be going now, and both our pensions have transfered over twice. Sad for a 100 year old + company that was doing so well then, one with so much history it had its own float at the Rose Parade.
Okay. I thought one of the banks here in CLT bought Fleet. Now there was another bank that was also bought up . . . I think Merchants Bank was bought out and then ended up w/ BofA, LOL.

There are rumors about JP Morgan and Wachovia, yes? I can't imagine JP Morgan buying anyone out right now . . . but if they did . . . I sure would be surprised if they kept operations in CLT.

I personally think if Wachovia is bought out . . . they may be history here in CLT, except for some servicing personnel.
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Old 06-22-2008, 11:09 AM
 
338 posts, read 789,904 times
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Quote:
Originally Posted by anifani821 View Post
Okay. I thought one of the banks here in CLT bought Fleet. Now there was another bank that was also bought up . . . I think Merchants Bank was bought out and then ended up w/ BofA, LOL.

There are rumors about JP Morgan and Wachovia, yes? I can't imagine JP Morgan buying anyone out right now . . . .
Why not? They bought Bear albeit at a great price?
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Old 06-22-2008, 12:23 PM
 
31 posts, read 95,218 times
Reputation: 36
Default Yes, BOA bought fleet

Quote:
Originally Posted by anifani821 View Post
Okay. I thought one of the banks here in CLT bought Fleet. Now there was another bank that was also bought up . . . I think Merchants Bank was bought out and then ended up w/ BofA, LOL.

There are rumors about JP Morgan and Wachovia, yes? I can't imagine JP Morgan buying anyone out right now . . . but if they did . . . I sure would be surprised if they kept operations in CLT.

I personally think if Wachovia is bought out . . . they may be history here in CLT, except for some servicing personnel.
Yes, BOA bought Fleet. I remember it because Fleet had only bought my local bank out a year or so before that.
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Old 06-22-2008, 12:50 PM
 
Location: Noth Caccalacca
5,553 posts, read 6,667,262 times
Reputation: 4837
Quote:
Originally Posted by NCguy View Post
Yes, BOA bought Fleet. I remember it because Fleet had only bought my local bank out a year or so before that.
The weird thing could be, is that some medium-sized bank could come out of the woodwork and end up merging with Wachovia. Stranger things have happened!
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Old 06-22-2008, 01:41 PM
 
Location: State of Being
35,885 posts, read 67,004,073 times
Reputation: 22370
Quote:
Originally Posted by Londonlawyer View Post
Why not? They bought Bear albeit at a great price?
Just such a volatile time . . . thinking about stockholders. Can't imagine they are ready for another buy out, but then, I am no expert, LOL.

I am watching Wachovia w/ great interest, altho I am not a stockholder.
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Old 06-22-2008, 04:31 PM
 
Location: Suburban Buffalo, NY
928 posts, read 3,530,444 times
Reputation: 214
Oh well, maybe this will give Ken Thompson a chance to put his hat in at the take over bank.

I can see these banks dumping Charlotte, afterall they are outsouring jobs, especially wachovia.
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