Pittsburgh Post-Gazette: Pittsburgh is one bright spot amid the economic gloom--for now

It was less than three years ago when the Post-Gazette published an account of Charlotte, N.C.'s, ascension from anonymity to banking powerhouse, a city that was second only to New York in terms of bank assets. With that new wealth, though, came new risk.

As Charlotte bypassed Pittsburgh and other cities as a financial center, some were concerned the city hadn't diversified other sectors of its economy, leaving it susceptible to a Big Steel-type of collapse should U.S. markets ever encounter serious trauma, or should one of its corporate titans collapse or be sold.

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