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Unread 12-26-2008, 03:59 PM
 
93 posts, read 110,719 times
Reputation: 27
Default Maybe charlotte putting all it's eggs in one basket with Banking was not such a good idea

BofA laying off 10's of thousands, Wachovia will be laying off `10,'s of thousands.

The unemployment rate in CLT is going to go thru the roof.

You think maybe Charlotte can get those textile mill jobs back?
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Unread 12-26-2008, 04:04 PM
 
Location: Charlotte
2,447 posts, read 4,284,357 times
Reputation: 1349
There are many non-banking/financial companies in Charlotte.
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Unread 12-26-2008, 04:06 PM
 
93 posts, read 110,719 times
Reputation: 27
Quote:
Originally Posted by NCgirl View Post
There are many non-banking/financial companies in Charlotte.
Hardees?
You have to admit that Charlotte does not have a very diverse economy.
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Unread 12-26-2008, 04:07 PM
 
Location: Arden, NC
535 posts, read 1,017,526 times
Reputation: 216
Quote:
Originally Posted by DrGonzo33 View Post
Hardees?
Lance! We can put unemployed bankers to work making snack crackers.
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Unread 12-26-2008, 04:08 PM
 
Location: Charlotte
2,447 posts, read 4,284,357 times
Reputation: 1349
Quote:
Originally Posted by DrGonzo33 View Post
Hardees?
You have to admit that Charlotte does not have a very diverse economy.
How long have you lived here? LOL.
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Unread 12-26-2008, 04:09 PM
 
93 posts, read 110,719 times
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Quote:
Originally Posted by castufari View Post
Lance! We can put unemployed bankers to work making snack crackers.
I toured that Lance plant back in the 70's when I was in the Cub Scout. Interesting place.
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Unread 12-26-2008, 04:34 PM
 
Location: Wouldn't you like to know?
8,222 posts, read 9,076,057 times
Reputation: 3094
BOA & Wach are in the top 3 of employers of Charlotte, yes it is top loaded w/banking, but someday things will turnaround...the city has too many positives for it not to....
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Unread 12-26-2008, 04:47 PM
 
Location: weddington
372 posts, read 931,326 times
Reputation: 166
Quote:
Originally Posted by DrGonzo33 View Post
BofA laying off 10's of thousands, Wachovia will be laying off `10,'s of thousands.
This is true but the 10's of thousands of employees being laid off will be distributed nationwide and are not all in Charlotte.
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Unread 12-26-2008, 04:48 PM
 
8,867 posts, read 4,195,961 times
Reputation: 6197
Quote:
Originally Posted by DrGonzo33 View Post
I toured that Lance plant back in the 70's when I was in the Cub Scout. Interesting place.
While still in school Lance had summer jobs for students ... hubby got a job there for the summer ... in cheese cracker packing ... conveyor belt with cheese crackers moving speedily along and one had to manually pack the crackers in a box for shipping ... the conveyor belt did not stop ... cheese crackers keep moving moving moving fast and you have to keep packing ... if perchance during that time period you happen to buy a pack of cheese crackers and they were broken or crushed ... that was his ... he packed them!!

Cotton is King is gone forever ... the textile mills will never return ... I just hope and pray the banking catastrophe doesn't hurt Charlotte too bad.
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Unread 12-26-2008, 04:52 PM
 
Location: The 12th State
21,465 posts, read 35,113,520 times
Reputation: 12565
charlotte still is one of the largest distribution hubs of the east coast
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