Bob Denham Quotations

What BB&T is against is using eminent domain for private development of private property. That's the key component: Private use is an abuse of eminent domain.

We are a Southeast regional bank, yet we have heard from people in California, New Mexico, Michigan, Nevada, from all over the country. They are saying either they want to buy our stock or they wish we had a bank in their area, because if we did they would put all their money with us. One person from Nevada just called to say he's going to put $25,000 into our stock.

We were aghast at that decision. When you use eminent domain for private use, you are abusing individual rights.

I know that John Allison has mentioned he has talked to other banks about this.