Stories and stats: the rise and fall of Charlotte banks
Posted on 7 May 2010 by ashleykaufman
Check out this Washington Post article from last fall The Bust in the Boomtown the Banks Built, a detailed account of the rise and fall of Charlotte banks and the impact on our city. The article is written by former Charlotte Observer reporter Binyamin Appelbaum.
Disconcerting statistic from the story: “In Charlotte, the number of people served by the soup kitchen at Urban Ministry, a local charity, has increased 22 percent since August 2007, while the number of private airplanes arriving and departing from Charlotte-Douglas International Airport has dropped by 38 percent.”