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Posts Tagged ‘nc banks’

Ah, Wachovia. From your modest beginnings, you became rich and famous… …and then only famous… …and now….  

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On this day in 1930: Fay Gardner, wife of Gov. O. Max Gardner writes in her diary about the worsening Depression: “A run made today on Commercial Bank here in Raleigh, also on the 1st National at Gastonia. Everybody losing confidence and becoming panic-stricken.” The next day’s entry notes that “eleven banks closed their doors […]

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