Canadas leading newspaper, Torontos Globe and Mail, published a story today titled Charlotte: The town that Bank of America took down. Its the kind of story that drives Uptown boosters and Chamber cheerleaders absolutely nuts so its definitely worth a read.
The story tells the familiar tale of the formerly super-cocky Charlotte business community having to eat crow after one of our two mega-banks left town and the other turned into a zombie bank, while real estate prices dropped and suits lost jobs by the Hummerload. The story includes some good interviews with Charlotte business people, real estate agents, and even the bartender at Capital Grille Uptown. It's the kind of story we should see more of in our own daily paper, but hell, they're going broke too!
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