Link Between Top Banks Going Under And States That Have No Gas

I was searching what products/business's come out of Nashville Tennessee & Charlotte N. Carolina. Those are 2 of now 6 states without fuel.
If ppl dont have gas there, then neither do the TRUCKERS bringing the food to grocers.
BUT what I found by mistake was THIS!..

1. Charlotte N. Carolina, is the 2nd largest banking center in the USA.
WACHOVIA BANK is headquartered there! OUT OF GAS

2. Nashville Tennessee, - There are 9 Fortune 1,000 companies with Headquarters in Nashville, with 32 on NYSE or Nasdaq.
50% of the U.S. population lives within 650 miles of Nashville.
WACHOVIA BANK, main office is in Nashville. OUT OF GAS

Banks in Charlotte North Carolina link:
www.magicyellow.com...

Banks in Nashville link:
nashvilletncoc.weblinkconnect.com...

Charlotte North Carolina and Nashville Tennessee were ranked 5th and 6th, amoung the TOP TEN cities in USA, in 2007 by MarketWatch.

**These are just two states that are out of gas, and somehow linked to the banks that have gone down or are going down..am I on to something here???
or do I just need a break??????

I scratched my head at your statement about 50% of the American population living within 650 miles of Nashville, but upon a reference check, it has been seconded:
www.csm.org...

While this may be pure coincidence, the fact remains this must help contribute to the overall economic "crisis" hitting these companies.

Hopefully, others have sold their stocks anyhow. It's only a matter of time until they are absorbed, or seized, by the Feds.

I do not believe this is just coincidence. If I had more help I'm sure we could show that this is connected. THAT would explain why there are few reports about the gas shortage on the news.
Atlanta Georgia is begging for gas. But I read this morning that they may have to wait another 3 weeks!!!
I think we all need to look into this...

It's not entirely a coincidence but they're not directly related. They are related in that both situations have come about as a result of government officials displaying lack of oversight and piss-poor management. They all KNEW that Ike posed a serious threat to the refineries. They knew (or certainly SHOULD have) that a disruption would cause shortages. They also knew (or SHOULD have) that less clean gas would be available in greater quantities and rather than sitting around with their collective thumbs up their butt they could have reacted preemptively. But apparently the people who we pay to manage these situations were focused elsewhere. It seems whenever the government is required to manage these kinds of events they screw-up. The connection: bad management, lack of oversight, disregard.

The answer: No to ALL incumbents in Nov. Get rid of all of them and lets start over. It's a start.

Originally posted by jtma508


The answer: No to ALL incumbents in Nov. Get rid of all of them and lets start over. It's a start.

I second this! We need a clean slate for our government. Perhaps it will send a message that WE the PEOPLE are in charge....NOT THEM!

www.ajc.com...
Certainly there is actual real physical reasons why there is shortages in these certain places if you care to read.

Newt Gingrich just mentioned the gas shortage during a roundtable discussion on "This Week with George Stephanopoulos," but it was quickly poo-pooed as being the result of the hurricane.

He tried, I suppose.

Originally posted by Interestinggg
www.ajc.com...
Certainly there is actual real physical reasons why there is shortages in these certain places if you care to read.

Call me lazy, but I don't have as much time to read...can you provide a few snipets for us?

Look..thanks for the link, but I want to know if there is a link between the banks that have fallen, or are about to fail..and each state that has ran out of gas...
PLEASE..can we all think outside the box for a min.
We have all read about the gas shortage due to gas hording, then we read it was due to the hurricane. Im telling you that there are many ppl, who are in the "know" about such things and they are saying NO, the gas shortage is not due to hording or hurricanes...
I did not do all this research, just so someone could post that it was due to the hurricanes..Dont you think one would have looked there 1st..
Please some think outside the box and the NEWS and help me out here...

I'd say there is a connection, although not a physical one. Both areas seem to be feeling the brunt of the shortages, both fuel and money. Perhaps both are being prepped for a new agenda? After all, people are resilient and stubborn when one thing comes into short supply, but you combine a lack of fuel with a lack of credit, and the people will cave in like a rubber bridge.

That's why I am watching this so closely. Whatever is coming will begin there, two towns with a large infrastructure and not a lot of public attention.

TheRedneck


[edit on 28-9-2008 by TheRedneck]

Evidently the Army is prepping for a problems in Georgia too. Beginning Oct. 1 for a year 3rd Infantry Division's 1st Brigade Combat Team from Fort Stewart, GA are to help restore essential services and escort supply convoys.

Brigade homeland tours start Oct. 1 ArmyTimes

Combat forces to restore order would indicate they see riots on the horizon.

reply to post by Regenmacher


You did your link incorrectly --- doesn't work. I thought I read that these troops were being deployed to Montana and that it's only around 5,000 troops.

let's compare the two cities in the OP & compare them with Omaha, Nebraska.

? what can be discerned in that data ?


Charlotte is also HQ for
'Lance' the salty snack cracker Corporation

Wachovia moved their main operations from Richmond VA, i think...
an obvious move imho, to a city with a NFL team & other sports & just a stone's throw from the Research Triangle, one can take a RR train that covers that route for pennies per mile

[edit on 28-9-2008 by St Udio]

Originally posted by St Udio
Wachovia moved their main operations from Richmond VA, i think...


[edit on 28-9-2008 by St Udio]

It's Wachovia Securities that is headquartered in Richmond, VA. But Wachovia Corp. is based out of Charlotte, NC. (Wachovia owns 62 percent of Wachovia Securities; Prudential owns 38 percent.)

Now we're cookin..
okay..what banks do we have in Atlanta Georgia, that again, have recently fallen, or are about to..
Atlanta, has been without gas for awhile and was told today it could take 3 more weeks..(odd..thats what they also told Nashville Tennessee people, and they still do not have gas...)
So..anyone have anything on Atlanta Georgia?

I have this on Atlanta Georgia..
www.metroatlantachamber.com...

I got this off www.Layover.com forum.
They are discussing the gas shortage. Notice the date the post was started, and keep reading..
Here is the link:
www.layover.com...

Here is a quote from those posts..

"It amazes me that they are out of fuel...can't seem to get any..and
>the news media is blaiming it on the hurricane. However, I have had
>no problem getting fuel in San Antonio, Corpus Christi, and at
>truckstops between San Antonio and Dallas, All of these places within
>just a few hours of where the storm actually hit.


Well I can't understand why that area is even being effected.
The refineries in texas supply the east coast? I don't think so.
I think it's more of a scam than anything.
Since Katrina, Georgia, the carolinas and virginia fuel stops have
played on the storms just to make more money.

By the time what was left of the storm hit the east coast it was
nothing more than a lot of rain. So there should be minimal damage to
anything.

Out of fuel? Not by the storm they're not.
MOre than likely the shortage has been caused by a lack of customers,
which causes the fuel stops to not be able to pay for the fuel.

There is a forum at:
www.city-data.com

Discussion-"Charlotte Could Lose Wachovia"
Date Of Post - June 20, 2008
Discussion link:
www.city-data.com...

Pages 1-11, cover the topic that Charlotte could loose Wachovia, and how they don't think that could ever happen....

Banks with most branches in Atlanta (2007 data):
Link: www.city-data.com...

Banks with most branches in Atlanta (2007 data):
SunTrust Bank: 49 branches. Info updated 2006-11-03: Bank assets: $182,628.2 mil, Deposits: $126,571.2 mil, local headquarters, positive income, Commercial Lending Specialization, 1750 total offices, Holding Company: Suntrust Banks, Inc.
Wachovia Bank, National Association: 47 branches. Info updated 2006-11-03: Bank assets: $518,123.0 mil, Deposits: $353,234.0 mil, headquarters in Charlotte, NC, positive income, Commercial Lending Specialization, 3191 total offices, Holding Company: Wachovia Corporation
Bank of America, National Association: 38 branches. Info updated 2006-10-10: Bank assets: $1,196,123.8 mil, Deposits: $759,600.6 mil, headquarters in Charlotte, NC, positive income, 5839 total offices, Holding Company: Bank Of America Corporation
Branch Banking and Trust Company: 9 branches. Info updated 2007-01-23: Bank assets: $117,134.1 mil, Deposits: $83,585.1 mil, headquarters in Winston Salem, NC, positive income, Commercial Lending Specialization, 1480 total offices, Holding Company: Bb&T Corporation
RBC Centura Bank: 8 branches. Info updated 2006-12-21: Bank assets: $23,135.6 mil, Deposits: $15,171.1 mil, headquarters in Raleigh, NC, positive income, Commercial Lending Specialization, 304 total offices, Holding Company: Royal Bank Of Canada
Fidelity Bank: 7 branches. Info updated 2006-06-15: Bank assets: $1,647.2 mil, Deposits: $1,387.9 mil, headquarters in Norcross, GA, positive income, Commercial Lending Specialization, 22 total offices, Holding Company: Fidelity Southern Corporation
Regions Bank: Toco Hill Office Branch, Buckhead Branch, Sandy Springs Branch, Brookwood Station Branch, Ansley Mall Branch, Cheshire Bridge Raod Branch. Info updated 2007-01-23: Bank assets: $138,667.9 mil, Deposits: $101,916.7 mil, headquarters in Birmingham, AL, positive income, Commercial Lending Specialization, 2096 total offices, Holding Company: Regions Financial Corporation
Washington Mutual Bank: Lavista Branch, Atlanta - Skye Mill Road, Cascade Crossing, Atlanta - Midtown Branch, Atlanta - Buckhead Branch, Abernathy Square Branch. Info updated 2006-10-13: Bank assets: $345,294.6 mil, Deposits: $219,019.0 mil, headquarters in Henderson, NV, positive income, Mortgage Lending Specialization, 1582 total offices
34 other banks with 55 local branches

I am tending to agree that that it is not likely directly related. At least as it concerns North Carolina, because I have read several stories, and heard a radio show or two discussing the issue, including an emergency simulcast on the matter in which the Asheville Mayor, and several other people discussed the issue for the press.

from:

www.citizen-times.com.../20080928/NEWS01/80927066

Let Gustav and Ike serve as a warning.

The hurricanes packed less power than feared when they blew ashore in Louisiana and Texas.
Advertisement

But they touched off a series of events that led to maddening gas shortages throughout the Southeast, exposing the region’s dependence on a cluster of Gulf Coast refineries and a pipeline stretching from Houston to New York.

Panicky buying that put drivers in gas lines hours long no doubt played a role in prolonging a crisis expecting to carry over into next week.

“Some of them get gas I think might last them for months, because they fill up five or six gallons in their trunk,” said Richard Fair, assistant manager at an Asheville Hot Spot convenience store. “That’s what it is. People are stockpiling.”

But other factors also were in play, including:

• Wild swings in gas prices that make it impractical for suppliers to stockpile fuel.

• A near-total dependence on gas from one source — terminals in Spartanburg, S.C.

• A slow government response to a growing crisis.

• Industry and government officials caught off guard by a “perfect storm” of events.

“This crisis reminds me a lot of the blackouts, where all the sudden the electricity, which is something we take for granted, was something that became a major policy issue,” said Chris Cooper, director of the Public Policy Institute at Western Carolina University.

“So if there is any positive that I see coming out of the situation, it is that maybe national, and to a little bit lesser degree state governments, can look at how to make sure this crisis doesn’t happen again and maybe prevent a bigger crisis down the line.”

And from their comments section:

Irre1 wrote:
1. Ike closed down most refineries in TX, specifically those that feed the Colonial Pipeline.
2. It takes 10 -12 days for a gallon put in in TX to get to Batelburg, SC
3. Refiners were changing over from summer formulation to winter formulation which caused low reserves, before the storm damage.
4. Officials at the federal, state and local levels, failed to do their own research from source documents and believed the misinformation bandied from one to the other.
5. Locals not only filled vehicle tanks but also stockpiled fuel creating an artificial demand which contributed to the shortage
6. Fueling stations were threatened with "gouging charges" when they priced the fuel to reflect what they had paid for it.
7. Next time, local governments, when natural events appear to threaten our sources of supply (crude/refined fuel/transport) institute odd/even 10 gallon maximum which will mitigate the impact.

So I am inclined to think it is more coincidence, unless some other hard evidence surfaces.