U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina > Charlotte
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
 
Old 09-29-2008, 07:15 AM
 
2,341 posts, read 4,041,204 times
Reputation: 1667

Advertisements

Quote:
Originally Posted by XNYgirl View Post
I didn't see this post and I posted too. Sorry!!!

This could be tragic for Charlotte because Citigroup doesn't need two headquaters. There was talk a while back about charlotte possibly loosing wachovia. SO, it's true now. It's kinda sad.

My question is this - will citigroup bring back the jobs that were 'offshored' under K Thompson?

I think the bigger question is how many jobs will be lost because of Citibank. Citibank also loves offshoring so....
Quick reply to this message

 
Old 09-29-2008, 07:18 AM
 
Location: Huntersville
1,521 posts, read 4,472,627 times
Reputation: 298
Well my household are hoping for the best. At this point it is out of our hands and in someone else's. Worried yes! Concerned Yes! Going to make it? Yes!

I am just thankful my family have there health!
Quick reply to this message
 
Old 09-29-2008, 07:18 AM
 
807 posts, read 2,040,067 times
Reputation: 459
from the wife,
How will this affect Charlotte and our local economy? Will there be a lot of lay-offs or will there be more hiring eventually? Will they stay in uptown?
I'm sure it's going to take some time before we know all the answers just wondering what you are spectualting...
Quick reply to this message
 
Old 09-29-2008, 07:19 AM
 
Location: Suburban Buffalo, NY
928 posts, read 3,528,193 times
Reputation: 214
Quote:
Originally Posted by baybook View Post
I think the bigger question is how many jobs will be lost because of Citibank. Citibank also loves offshoring so....

Oh! I don't follow Citigroup since I"ve paid off and closed those college credit cards. However, I did work for Wachovia and they were a great company until last year. I do beleive this is a very tragic situation for Charlotte.
Quick reply to this message
 
Old 09-29-2008, 07:28 AM
 
Location: Trinity Florida
7,927 posts, read 17,735,410 times
Reputation: 1992
they aquired the Banking Division, not wachovia corp..

just FYI... Citi has not acquired Wachovia Corporation... they have acquired our banking operations only (yes I'm an employee). The media is reporting it a bit incorrectly. Here is the statement from the FDIC:

FDIC: Press Releases - PR-88-2008 9/29/2008

If you have money with Wachovia, it's totally fine and you have no worries.
Quick reply to this message
 
Old 09-29-2008, 07:31 AM
 
630 posts, read 1,672,826 times
Reputation: 287
Quote:
Originally Posted by massageman View Post
Why did the mods close my official death watch thread? You called me a fool and chicken little and now you close the thread? I can't wait to hear more of lovesmountains advice, ha ha ha!
How is being bought the same as dying? Call me when you see a "For Lease" sign on the front door of Wachovia and all the employees given pink slips. Even the FDIC said Wachovia didn't fail.

Is Myspace or YouTube dead? (bought by Google)
Is Napster dead? (bought by BestBuy)
Is Gillette dead? (bought by Procter & Gamble)
Is Trane dead? (bought by Ingersoll Rand)
Quick reply to this message
 
Old 09-29-2008, 07:33 AM
 
74 posts, read 126,529 times
Reputation: 44
Quote:
Originally Posted by berryjuice4life View Post
Citi has not acquired Wachovia Corporation... they have acquired our banking operations only (
Now, does this mean that Wachovia itself is still an independent entity?
Quick reply to this message
 
Old 09-29-2008, 07:40 AM
 
677 posts, read 2,011,865 times
Reputation: 201
Quote:
Originally Posted by DGarth08 View Post
Now, does this mean that Wachovia itself is still an independent entity?
Yes, if you read the FDIC press release then you would know the answer to your question. Wachovia Corporation still exists, just not their banking assets.
Quick reply to this message
 
Old 09-29-2008, 07:47 AM
 
74 posts, read 126,529 times
Reputation: 44
Well maybe it's time for the company to start from scratch and do things right this time.
Quick reply to this message
 
Old 09-29-2008, 07:48 AM
 
Location: Suburban Buffalo, NY
928 posts, read 3,528,193 times
Reputation: 214
Quote:
Originally Posted by berryjuice4life View Post
they aquired the Banking Division, not wachovia corp..

just FYI... Citi has not acquired Wachovia Corporation... they have acquired our banking operations only (yes I'm an employee). The media is reporting it a bit incorrectly. Here is the statement from the FDIC:

FDIC: Press Releases - PR-88-2008 9/29/2008

If you have money with Wachovia, it's totally fine and you have no worries.
I don't want to sound ignorant, but what is Banking Division vs what other divisons?
Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


 
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina > Charlotte
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. | Please obey Forum Rules | Terms of Use and Privacy Policy

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top