Wednesday, August 24, 2005

A city strives to save jobs, and its future - The Boston Globe

A city strives to save jobs, and its future - The Boston Globe: "A city strives to save jobs, and its future
As Bank of America buys MBNA, Maine residents worry good times are over

By Sasha Talcott, Globe Staff | August 24, 2005

BELFAST, Maine -- Nearly a decade ago, with little advance notice, credit-card company MBNA Corp. dropped thousands of jobs into this one-stoplight city then poured millions of dollars into local schools and nonprofits -- all because, according to local legend, a friendly resident lent money to the man who one day would be MBNA's chief executive when his car broke down."

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