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John, I realize what you are saying about incentives . . . but any mayor would do that . . . Bloomberg or anyone else. I understand that you feel he is especially savvy . . . and I would suspect he already moves in circles w/ the CEOs of all these financial institutions.
But I suspect the decision to move business here, keep business here or move business from here to NYC (or some other city, for that matter) will all come down to 2 things: cost of doing business and personal preference of the CEO and Board.
Some guys (and their spouses) would never be able to imagine giving up their Greenwich home or their Manhattan apartment to move South . . .and some may have families who would love to move here. Heck they all have second and third homes elsewhere, anyway, LOL.
The very wealthy will have a wonderful lifestyle wherever they live. A nice estate here and another in Charleston (or the Caribbean) and another in Manhattan . . . Who knows what CITI will decide to do.
Weren't they going to change the term limits for Gulianni too? Long time ago, but I seem to remember talk of that as he was in the thick of handeling the fallout from 9/11.
Exactly ani. Put another way…suppose I go over the New York forum and start the following thread…
“Pat McCrory becoming governor of North Carolina can hurt the New York banking sector.”
I suspose I'd have to put that thread in every state's forum, since every city competes for jobs.
Good point . . .
John, I know you are wondering about longterm stability of housing and jobs here . . . I guess everyone is!
But seems to me, everything is on the table at this point. No one can guess what CITI will do . . . even tho I am going to remain optimistic about the situation.
Weren't they going to change the term limits for Gulianni too? Long time ago, but I seem to remember talk of that as he was in the thick of handeling the fallout from 9/11.
Correct. It was suggested he stay on a short period of time (I think 3 months) to insure some stability in the government of NYC post 9/11.
Carolina Blue all points excellent and very true.. the Cost of business in NY is extremely high, and the salaries would have to reflect somewhat decent pay for people to live there...Charlotte is less expensive to operate than a major city like NY, so hopefully I agree with Ani and try to remain optomistic that maybe like Mike said there will be jobs here as they decide to keep things running here in Charlotte...no one knows though...
Weren't they going to change the term limits for Gulianni too? Long time ago, but I seem to remember talk of that as he was in the thick of handeling the fallout from 9/11.
Yes, there's always been talk about it. But lots in NYC hated Gulianni after 9/11. Not sure if that was the reason why the whole thing got dropped though.
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