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Charlotte Booms Amid Bust

City is second-largest financial center in US, with $2 trillion in assets

By Rebecca Smith Hurd,  Newser User

Posted Sep 28, 2008 6:15 PM CDT

(Newser) – As the rest of the nation struggles through the mortgage bust, Charlotte, NC, is experiencing a boom, Time reports. The pro-business Southern city—home of Bank of America and eight other Fortune 500 firms—manages $2 trillion in assets, making it the second-largest financial center...   Read full story »

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