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T. Rowe Price raises safety concerns as it weighs headquarters options
The Baltimore Sun ^ | July 24, 2013 | Eileen Ambrose and Carrie Wells

Posted on 07/24/2013 9:15:19 PM PDT by george76

Edited on 07/26/2013 7:31:07 AM PDT by Admin Moderator. [history]

As T. Rowe Price weighs whether to remain at its Pratt Street headquarters in the heart of Baltimore, the safety of its employees is a key concern, the company's CEO said Wednesday.

Employees of the Baltimore-based money manager have been harassed by groups of youths and one of Price's vendors from New York was mugged outside his downtown hotel within the past two months, said CEO James A. C. Kennedy. Price contacted the city several weeks ago about its concerns.


(Excerpt) Read more at baltimoresun.com ...


TOPICS: Business/Economy; Crime/Corruption; Extended News; News/Current Events; US: Maryland
KEYWORDS: baltimore; corruption; taxes

1 posted on 07/24/2013 9:15:19 PM PDT by george76
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To: george76

Lemme guess, it’d be racist to stop thug gangs and mob violence and its also a sanctuary city?


2 posted on 07/24/2013 9:18:05 PM PDT by GeronL
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To: george76
Come on down to Alabama. We would love to have T Rowe Price Business down here.
3 posted on 07/24/2013 9:21:39 PM PDT by political1 (Love your neighbors)
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To: george76

Baltimore is thug city. I’m amazed that their office is still in downtown Baltimore. I used to drive through there on the freeway once in a while, and it really looked pretty scary—kind of like driving through the South Bronx. I put off any thought of stopping for crab cakes.

And I don’t imagine it’s gotten any better since then.


4 posted on 07/24/2013 9:23:57 PM PDT by Cicero (Marcus Tullius)
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To: george76

Why on earth would they even consider staying in downtown Baltimore? Are they angling for a big tax break?


5 posted on 07/24/2013 9:23:58 PM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: Cicero

Baltimore was probably ‘safe’ until the late 1980s, and since then....I wouldn’t go anywhere downtown except the ballpark. I would imagine that Rowe Price is evaluating a better place to relocate to. I’m surprised they aren’t looking at Arlington VA, which has several empty buildings currently and would be 100-percent safe as compared to Baltimore.


6 posted on 07/24/2013 9:39:05 PM PDT by pepsionice
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To: pepsionice

the youth gangs are coming up out of the ghetto and causing trouble in downtown and nicer areas of our cities. Due to political correctness, it’s been hard to deal with the black gangs forming flash mobs and committing crimes.

If we can’t keep things confined to the ghetto, we’re all in big trouble.

After what happened with Trayvon Martin, I can imagine people being fearful of getting in an altercation with a black person. Reason being, due to political correctness, there will be a presumption that you over reacted and that the minority youth can do no wrong.


7 posted on 07/24/2013 9:49:40 PM PDT by Dilbert San Diego (race)
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To: george76

Eight comments in and nobody has mentioned the near-impossibiity of getting a license to carry a firearm in MD...FReepers are slipping!!!


8 posted on 07/24/2013 9:55:08 PM PDT by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: pepsionice
I went to their website. They apparently have a 32 acre campus in Baltimore county link. Maybe the city location is just to lend prestige to a shooting gallery democrat city.
9 posted on 07/24/2013 10:00:29 PM PDT by Sgt_Schultze (A half-truth is a complete lie)
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To: george76

Serves them right for supporting democrats..
I hope they go bankrupt..


10 posted on 07/24/2013 11:50:28 PM PDT by hosepipe (This propaganda has been edited to include some fully orbed hyperbole..)
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To: george76
Do your stock holders and your employees a huge favor and move out of the High Tax state of Maryland and to a Low Tax state like Texas, Florida or Tennessee.

I would also say that in today’s world of instantaneous high speed communications there is no reason that your offices need to be in a major metro area. Your head quarters could just as easily be in a city of 75,000 as 1,750,000.

Marathon Oil company is in Findlay, Ohio a city of 75,000 and it works just fine for that company.

11 posted on 07/25/2013 2:07:06 AM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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To: george76
Move to Vegas.

Let Weiner turn NYC into the next Detroit. Cut them off! No bailouts!

It's all glass fiber these days. You don't need to be downtown (or subject to downtown's jurisdiction) to be downtown.

12 posted on 07/25/2013 2:20:23 AM PDT by cynwoody
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To: george76
To assess how bad this really is, police headquarters is just off west Baltimore Street, literally about one minute away from 100 Pratt.

The ghost of Willie Don Schaefer is weeping at what the at what successive mayors have done to "charm city".

13 posted on 07/25/2013 3:19:34 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: RightGeek
Why on earth would they even consider staying in downtown Baltimore? Are they angling for a big tax break?

There is no reason for any company to be downtown unless they're getting some kind of kickback. The rent would certainly be cheaper and its employees would be more safe further out. In these days of technologies, they could set up HQ in the middle of North Dakota.

14 posted on 07/25/2013 3:52:52 AM PDT by bgill (This reply was mined before it was posted.)
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To: george76

This smells like a bid to obtain some tax “preferences” from the city. T. Rowe could do business anywhere. And there are far better places to have a business than anywhere in the people’s republic of maryland. And it’s a gun-grabbing hell-hole.

Glad I’m not a client of the company.


15 posted on 07/26/2013 7:46:41 AM PDT by RKBA Democrat (GOTS: Food, water, guns, ammo, useful skills, cash, and precious metals.)
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To: george76; Abundy; Albion Wilde; AlwaysFree; AnnaSASsyFR; bayliving; BFM; Bigg Red; ...

Tales from Baltimordor . . .

Maryland “Freak State” PING!


16 posted on 07/26/2013 5:40:24 PM PDT by Tolerance Sucks Rocks (I don't always vote, but when I do, I SURE AS HELL DON'T VOTE DEMOCRAT!)
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To: george76

We visited Baltimore in fall of 2011. I expected the worst and was actually surprised that it “seemed” a good bit safer than a number of other big cities.

Perhaps I was just lucky.


17 posted on 07/26/2013 5:43:59 PM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: nascarnation

Partly depends on where you go. It’s a big city. Bottom line, if you’re near or in “residential”, it’s risky. Although there are a few enclaves of better class of people. And I use “class” loosely.


18 posted on 07/26/2013 6:23:25 PM PDT by the OlLine Rebel (Common sense is an uncommon virtue./Technological progress cannot be legislated.)
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