Sun sets on an old Charlotte friend | Wachovia

September 29th, 2008 categories: A Charlotte Institution, The Charlotte Scoop

I just learned through of all things a twitter from Justin Ruckman at the CLTBlog that the weekend rumors were true ~ our old corporate friend Wachovia has been purchased by New York’s Citigroup. Hard to believe this banking behemoth of Charlotte is being fire-sold at $1 a share.

Here are a couple news links
Charlotte Business Journal “Citigroup to buy Wachovia’s banking operations”
Charlotte Observer’s Mary Newsome “How Wachovia sale affects Charlotte’s growth”

**I realize the picture is sunrise ~ but I know that even with this stumble the sun will come up tomorrow over Charlotte…bet your bottom dollar….!

This entry was posted on Monday, September 29th, 2008 at 12:18 pm and is filed under A Charlotte Institution, The Charlotte Scoop. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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