It's almost Taboo to talk about it here in Charlotte NC. The Bank that gave us Tiger Woods in living color, growth, and endless possibilities, was absorbed by Wells Fargo. The little fish ate the bigger fish. Strange times at Ridgemont High turned fast. Civic philanthropy is choking based on this corporate vacuum. Truly Sad.
Sprinkle a little BOA bad news, and watch how the bones have sunk and the flesh is slowly rising to the surface. Mum is the word on who is getting chopped in this latest carnage. We just wait and whisper.
I'm disappointed for our city. Lost is the rivalry between the behemoths of banking on Tryon St. Charlotte lost a partner in it's central being. Wachovia is gone. Long live the Queen.
In the scheme of things, we were due. Unbridled optimism coupled with a balloon that insulated our fair city has popped, We emerge to ask, what Happened?
Remember the bumper stickers of the 70's that said "**it happens", well it happened here. It was fast and furious.
I'd like to gloss over this and say it doesn't matter. But it does. Like Flint without GM, and Silicon Valley without Intel, Charlotte will miss its' Wachovia.
The Chamber of Commerce here will dispute my malaise, but when my friends join the the " spend your savings crowd", I cringe on what may come.
So, farewell faithfull friend. May your successor fill your shoes with big feet. We'll need it.
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