OnCharlotteNC.com -

Bank of America names Moynihan CEO, commits to Charlotte

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bank of america, bank of america's

Published Dec. 17, 2009 at 7:51 a.m.

(By Rick Rothacker and Christina Rexrode, rrothacker@charlotteobserver.com crexrode@charlotteobserver.com) Bank of America's board late Wednesday unanimously named Brian Moynihan the Charlotte bank's next chief executive, depending on him to lead the bank out of a recession and into a new age of regulation of the industry ... The bank's headquarters will remain here, Moynihan said in an interview, adding that his office will be in Charlotte. Moynihan's Boston ties had raised concerns about his

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Sanford censured over his cheating, his use of planes

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carolina panthers, panthers, unc

Published Dec. 17, 2009 at 7:51 a.m.

S.C. lawmakers voted Wednesday to formally rebuke Gov. Mark Sanford, again sparing him from impeachment over secret trips to see his Argentine mistress and his use of state planes ... The House Judiciary Committee unanimously agreed to censure the Republican governor for bringing "ridicule, dishonor, disgrace and shame" to the state. The scathing reprimand has no practical effect on Sanford's ability to govern for the 13 months that remain in his term, but legislators insisted they were not

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'Typical winter storm' bears down on Charlotte

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mecklenburg

Published Dec. 17, 2009 at 7:44 a.m.

The first winter storm of the season is headed for the Charlotte metro region on Friday, and it is a Carolina Classic -- a close call between rain, sleet and snow ... Forecasters have issued a winter storm watch for most of the area, including Mecklenburg County ... But as a signal of how close the rain-snow-sleet dividing line will be to Charlotte, the watch does not include Union and Anson counties in North Carolina, and Lancaster and Chesterfield counties of South Carolina ... "It's a fairly

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Commission chairwoman: Bill James should apologize

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mayor, mecklenburg, unc

Published Dec. 17, 2009 at 7:33 a.m.

Mecklenburg County commissioners Chair Jennifer Roberts said Wednesday that colleague Bill James should apologize for using a slur during an exchange with another board member, and said she may ask commissioners whether to take any further action ... The incident occurred Tuesday during a meeting in which a majority of commissioners agreed to offer domestic-partner benefits to county workers in same-sex relationships starting in 2011 ... Toward the end of an emotional, two-hour debate on the

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Commissioners: DSS audits being heeded

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mecklenburg

Published Dec. 17, 2009 at 6:49 a.m.

Mecklenburg County commissioners approved a resolution late Tuesday saying the county has responded appropriately in addressing problems raised by audits of spending within the Department of Social Services ... The resolution, which won support from all nine commissioners, also asks county staff to provide the board more information related to the audits, including copies of memos produced by the county's Internal Audit department and senior county management about the Giving Tree charity within

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Schwartz gets tough test in 1st start

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bank of america, carolina panthers, panthers, panthers'

Published Dec. 17, 2009 at 3:44 a.m.

Carolina Panthers offensive linemen Geoff Schwartz and Mackenzy Bernadeau are roommates on the road and at the team's hotel the night before home games ... As young guys trying to make it in the NFL, they have always stayed true to their philosophy: ... "We used to go into every game and prepare for it as if this is the game we're finally going to play in," said Bernadeau ... Bernadeau's "time" came a month ago, when he was thrust into the starting lineup at left guard after an injury to Jordan

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Pistol Pete left mark on Charlotte

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n.c. state

Published Dec. 17, 2009 at 3:25 a.m.

Pete Maravich had dozens of huge scoring performances in a dazzling college career at Louisiana State. He scored more than 60 points in three games. In only three college seasons, he set an NCAA career scoring record that still stands ... But the best college game in the life of the best college basketball scorer in history might just have been the one Maravich played 40 years ago this week against Clemson ... It happened in Charlotte on Dec.20, 1969 ... In front of a crowd of 7,282 at the

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Moynihan Named New CEO at Bank Of America

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bank of america

Published Dec. 16, 2009 at 11:05 p.m.

Charlotte-based Bank Of America picked Brian Moynihan to be its next chief executive on Wednesday night just two weeks before CEO Ken Lewis is set to retire ...

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A look at Brian Moynihan

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bank of america

Published Dec. 16, 2009 at 9:50 p.m.

Bank of America Corp.’s newly named chief executive, Brian Moynihan, joined the bank through its 2004 acquisition of FleetBoston Financial Corp. (BAC) ...

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Moynihan, HQ will be based in Charlotte

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bank of america

Published Dec. 16, 2009 at 9:18 p.m.

Bank of America Corp.’s new chief executive will be based in Charlotte, a company spokesman says. And its headquarters will remain here as well. (BAC) ...

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