“Barack Obama will be appearing at the Hayes Recreation Fields on the UNC Charlotte campus Monday, the campaign announced this evening.
The event begins at 5:30 p.m.; doors open at 3 p.m.”
Read more by Peter St. Onge at the Observer’s election blog, The Ballot.
“Senator Barack Obama’s campaign announced today that he will return to the Charlotte area on Monday.
The stop is part of a barnstorming tour of states the day before the election.”
Read more by Sean Corcoran at WBTV. Further details as yet unavailable.
“Irving Ehrenhaus has filed a class-action lawsuit asking N.C. Business Court Judge Albert Diaz to stop the $15 billion acquisition. In the first shareholder suit related to the deal, Ehrenhaus complains the merger announced Oct. 3 is in breach of Wachovia board members’ fiduciary duties, saying the bank will essentially force shareholders to approve the [...]
“Sen. Joe Biden, the Democratic vice presidential nominee, will hold a rally in Charlotte on Thursday as part of an N.C. tour that will also include stops in Winston-Salem and Raleigh, the campaign said Monday night. Details of the Charlotte appearance will be announced later, the campaign said. The other stops will be at Wake [...]
“Uptown’s skyline at dusk will be the backdrop for the “CBS Evening News with Katie Couric” on Friday, as the newscast originates from Charlotte in its first stop on a three-city tour of election-year battleground states.
In addition to the presidential race, Couric will focus on the tight U.S. Senate contest between Elizabeth Dole and Kay [...]
“CNN.com chose this city as one of the “Best Places to Live and Launch” in 2008. As a financial powerhouse with Bank of America, Wachovia, Lending Tree, State Farm, American Community Bank, Blue Ridge Savings, First National, First Federal Savings, Carolina Trust, Cabarrus Bank, Bank of Stanly, Piedmont Bank, etc., Charlotte resists any financial shock [...]
Wells Fargo & Co. has apparently won the battle for Wachovia Corp.
Citigroup has withdrawn from negotiations brokered by federal regulators that sought a compromise to the competing bids from Wells and Citigroup.
The issue is likely to go to court. But Citigroup says it will no longer seek to block Wells’ proposed $15.1 [...]
Charlotte Mayor Pat McCrory says he has asked bank regulators working on the outcome of a Wachovia Corp. acquisition to consider the local impact such a deal will have.
“As the mayor of Charlotte, the headquarters city for Wachovia, I want to stress the importance of your efforts given the economic impact any resolution regarding Wachovia [...]
“Federal regulators had told Wachovia Corp. the bank would be seized unless it reached a merger agreement with Citigroup Inc. or Wells Fargo & Co. by end of day Friday, Oct. 3, according to a suit filed by Wachovia this weekend in federal court.
The suit seeks to stop Citi from interfering with or slowing the [...]
“Charlotte, once billed as the New New South, rode a wave of banking mergers for the better part of two decades, reaping financial muscle, a steady flow of new jobs and trinkets such as NBA and NFL franchises. Now the party’s not only over, the hangover is roaring.
Or, as state Sen. Malcolm Graham puts it, [...]
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