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  1. In closing, Faison recognized Lewis' contributions to Charlotte and thanked him for it. Another standing ovation. #cltforecast
  2. Lewis agrees but doesn't think it will be as big an issue as we have seen. #cltforecast
  3. Stumpf thinks commercial real estate is clearly an issue but depends on what type you talk about. Cost to carry is very low. #cltforecast
  4. Lacker doesn't see health care reform as a top line effect on the economy. Stumpf said whatever passes must not impact biz. #cltforecast
  5. Rogers says a health care bill will likely pass and it will make it even more difficult for the economy to rebound. #cltforecast
  6. Lacker agreed that federal deficit is a danger and needs to be addressed. Took issue with Rogers assertions on printing money. #cltforecast
  7. Rogers rebuttal, as a people we are resistant but we have put our head in the sand on the federal deficit and build up of debt. #cltforecast
  8. In response to Rogers, Lewis said give him the hook, Stumpf said he wouldn't bet against America. #cltforecast
  9. Rogers said we have to have long term vision for the short term solutions. #cltforecast
  10. Rogers says they see the demand for power flat at best in the coming year. Worries about a long period with a weak recovery. #cltforecast
  11. Rogers says it hard to envision consumer spending driving GDP growth in the coming year. #cltforecast
  12. Rogers said we were only up .7 GDP if you take out stimulus and cash for clunkers. It will be flat w/some inflationary risk #cltforecast
  13. Jim Rogers said, for an energy guy, following the Fed and 2 of nation's top bank leaders is tough. #cltforecast
  14. Stumpf's description of communities that will fare well was description of Charlotte - geographically well located, can-do city #cltforecast
  15. Stumpf says contrary to popular belief his and other banks are lending all the money they can. #cltforecast
  16. Stumpf said people will start spending again when the jobs come back. #cltforecast
  17. John Stumpf added his admiration of Lewis and is thankful this isn't the House Financial Svcs committee. #cltforecast
  18. Lewis expects 29% decline in mortgage origination with purchase volume up refi volume down. #clrforecast
  19. Lesis reflects that 1974 under CEO Tom Storrs was probably the worst for the bank. Offered his appreciation to Storrs. #cltforecast
  20. Crowd gave Ken Lewis a standing ovation as he walked to the podium.