Charlotte Featured on 60 Minutes

If you didn't get to see the 60 Minutes episode this weekend featuring Bank of America, you can watch the video below and check it out. Despite fears that Charlotte will be one of the cities that will be hit the hardest in the financial crisis, 60 Minutes seems to paint a little stronger picture with Bank of America CEO, Kenneth Lewis, heading up one of the largest banks that is headquartered here in the Queen City. The story focuses on the financial crisis and it's relationship to Charlotte and Bank of America, the government bailout and what the banks intend on doing with the money. (Hat tip CLTBlog.)



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Charlotte's Identity and Employment Situation after Wachovia's Sale

Last week a friend of mine sent me this Times Article: Postcard from Charlotte. It paints Charlotte as America's best kept secret. That was last week. This week you'll see talk about crisis at the gas tank and questions raised about the recent sale of Wachovia.

My friends over at CLTBlog have some interesting discussions going on about Charlotte's identity and whether or not it's only a banking city. The Charlotte Business Journal's Erik Spanberg also has a commentary on how quickly things changed. Whether Charlotte's identity is lost because one of it's major banks' downfall, the consensus on this poll at least is that Charlotte will bounce back... That things aren't as dire as maybe they seem right now. Today's ERE Daily also has a great article that suggests that companies are less likely to hire and folks who already have jobs are deciding that now isn't the time to make a job change.

Now, I am no financial analyst or economist... So it's time for you to sound off on your thoughts in general about what's going on in the Queen City. How is the Wachovia Sale effecting your company? Your job search?

Also, check out some 'brazen' tips on how to 'bullet proof' your job during a poor economy.

- Rosie Reilman