[RP TownTalk] Wachovia and the Field of Rubble

[Roland Walker]

I think it is worse than expected

   http://biz.yahoo.com/ap/080722/earns_wachovia.html?.v=19

10,000 current and prospective positions eliminated.

As to Caputo's assurances that the deal is on -- fine, fine.  But I've
been hearing that for many years.

Two years ago he promised to put up a sign showing a drawing of the
development and a "Future home of Wachovia Bank, Potomac Development".
 He gave a deadline for this sign, which is long since passed.  I can
find the tape of the Town Council meeting at which he used the word
"promise".

If the Wachovia development is the real deal, why isn't there a sign
up like every other such development?  How hard is that?

R

On Tue, Jul 15, 2008 at 12:00 PM, Dwight Holmes <dwightrholmes at gmail.com> wrote:
> Yesterday, driving by our Gateway (Rt 1@ 410), I couldn't help but notice
> the weeds again taking over, two or three 'yard signs' placed here and there
> advertising something (We buy houses fast! or Donate your car to us!, I'm
> not sure which), and our Farmers Market banner looking rather forlorn,
> sagging to the point of not quite being readable.
>
> And then it occurred to me that the reports on Wachovia have not been good,
> and I wondered what this might portend for the future of our Gateway corner.
>
> And then I saw this this morning in the New York Times:
> "Wachovia, the investment bank, lost 20 percent after a well-known Wall
> Street analyst deemed its prospects "bleak.""
>
> If you ask me, I'd be a bit surprised if they break ground this year.  True
> or not, is there something we can do to make the lot look like somebody
> cares?
>
>
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