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Article: Charlotte's moment: Chip Jones discovers how a city's leaders turned an old textile town into a major economic power. As the dust settles on Wall Street, this Tar Heel city may emerge stronger than ever.(BEYOND BANKING)(Charlotte, North Carolina)
- Article from:
- The American (Washington, DC)
- Article date:
- November 1, 2008
- Author:
CopyrightCOPYRIGHT 2008 The American, a Magazine of Ideas The American, a Magazine of Ideas. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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[ILLUSTRATION OMITTED]
The plaza of Bank of America in Charlotte was pulsing with music one unseasonably cool day in mid-August. A line of curly-haired schoolgirls danced as part of an Asian-American appreciation day that promoted a new park named for Mahatma Gandhi.
Gandhi in the Carolinas? The homage to the Indian martyr brought a smile to the sun-baked face of a wiry retiree wearing a Carolina Panthers cap, a black sports shirt, and matching slacks. Hugh L. McColl Jr., a legendary banker, reveled in how times had changed in the old textile city whose downtown used to roll up at night while favorite son Billy Graham read his Bible.
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