Don't be surprise if the Panthers move in next few years

[engine9]

Don't the richardson's own BofA? What are they gonna do with it if they move the panthers out of it?

[X-Clown]

This is not a short-term problem, we're r heading toward recession and it will be an other 2 to 4 years before economy will start improving.

We're already in a recession. Let me know if I can borrow your crystal ball about the recovery though.

[X-Clown]

I'll just help you... Lets see how would u understand my comments... Banking industry not doing to good? That helped?

So because the banking industry "isn't doing good" (thanks for the insight BTW), B of A is going to move to another city somewhere in the US where banking is "doing good"? Man, you've got this all figured out.

[pantherclaw]

the ignorance just continues to grow.

[Pejorative Miscreant]

I'll just help you... Lets see how would u understand my comments... Banking industry not doing to good? That helped?

Even more stupid. If the industry is not doing too good, how does moving the HQ to NY, DC or BFE improve anything.

[Ja Rhule]

We're already in a recession. Let me know if I can borrow your crystal ball about the recovery though.

recession is when prices start going down... as of right now prices still going up.

[Ja Rhule]

Even more stupid. If the industry is not doing too good, how does moving the HQ to NY, DC or BFE improve anything.

Bigger market? BoA almost moved to NY in 2003.

[X-Clown]

recession is when prices start going down... as of right now prices still going up.

Wrong again, recession is 2 consecutive quarters of declining GDP. Third and fourth quarters of 2008 meet the criteria.

http://blogs.wsj.com/economics/2008/10/30/economists-react-gdp-report-shape-of-things-to-come/

http://www.bloomberg.com/apps/news?pid=20601068&sid=ajyQfLEU77e4&refer=home

[panthers55]

recession is when prices start going down... as of right now prices still going up.

And you are an finance/ accounting major?? Recession is 2 consecutive quarters of negative growth in the GNP.

http://recession.org/definition

Maybe you want to go back to economics 101.

[panthers55]

Wrong again, recession is 2 consecutive quarters of declining GDP. Third and fourth quarters of 2008 meet the criteria.

http://blogs.wsj.com/economics/2008/10/30/economists-react-gdp-report-shape-of-things-to-come/

http://www.bloomberg.com/apps/news?pid=20601068&sid=ajyQfLEU77e4&refer=home

Beat me to it!!

[Pejorative Miscreant]

Bigger market? BoA almost moved to NY in 2003.

What market are you talking about? Commercial Banking is about customer deposits. Moving your HQ to NY does not mean people will line up to deposit money in your bank. BOA already has a good presence in NY which is a very saturated market.

Further to the point, the aquisition/merge of Merril means they now have quite a presence their from an investment banking standpoint. So again, moving HQ does not make sense. Keep them coming.

Waiting for your next point...

[Ja Rhule]

http://query.nytimes.com/gst/fullpage.html?res=9A03E4DE153EF931A25750C0A9659C8B63

that was in 2003. I know someone internally who said they still looking to relocate their headquarters and it a big possibility it will happen soon.

[X-Clown]

Bigger market? BoA almost moved to NY in 2003.

The banking industry is not doing well anywhere in the US. Really, you're shooting yourself in the foot here.

[FrostyOne]

Charlotte is not going to fall off the map.

If anything, larger cities usually see growth during economic downturns. How you ask? The jobs on the outskirts of cities usually dry up first, forcing people to migrate toward the metro areas looking for work. In the end, the cities have more people and more taxes to spend.