Former Chair & CEO of Bank of America endorses Obama

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Hugh McColl, former chairman and CEO of the Bank of America, surprises his fellow North Carolinians with an endorsement of Obama in the Charlotte Observer.

In 49 years of living in Charlotte, I've seldom offered my opinion in writing and never submitted a piece such as this. The condition of our country compels me.

The economic disarray threatening our community and nation poses critical challenges but also presents opportunity. We can observe the presidential candidates in the crucible of crisis.

Only one of them demonstrates the needed intellect, fortitude and temperament. That is why I have decided to publicly support Barack Obama.

What is needed in Washington is sound judgment and exceptional leadership. Through the years that I've been a businessman and before that an officer in the Marine Corps, I saw what qualities make effective leaders. I see them in Obama: a sharp intellect, stiff spine and steady hand.

There's more. Go read. [via]

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