Ping.
In essence Hochul’s saying “There’s nothing to worry about, this was political!”.
Glad we got out years ago.
NY is also making some really bad decisions that are affecting local/regional banks. Not a safe place to keep your money.
DEFUND NY. if you have insurance through a NY carrier, switch. If you have a credit card through a NY back, switch. Same for bank account, investment funds.
If all Republicans do tbis, NY will have less tax revenue
“....If you’re gonna sue this case and win, you gotta sue every real estate developer….....”
That is the heart of the matter. This is selective prosecution based on political motives. There is no “equal” justice in the state of New York.
Do not do business with ANY NY based business. I became a depositor of M&T Bank and I’ll be moving to Webster Bank. Also, Key Bank which has my business account I’ll be moving to PNC
I had one client (owned 7 banks) tell me, "Never show me a bond or corporate bond from a business in a state that voted for Hillary or Biden". Maybe he was right.
As the commercial real estate bubble bursts and the resulting bank failures occur, NYC will be screaming for a bailout. President Trump will be loathe to lend his support to any such legislation and may even veto any banking bailout bill. He could put his political weight behind the Federal government funding existing and new regional banks, which are located evenly around the country.
I wouldn’t invest in New York, especially the city, even without the Trump spectacle.
New York City is like an ageing car. Sooner or later the maintenance costs reach the point where it’s best to junk it.
Yes, but as they flee, the replacements for the lost population (aka invaders, migrants illegals) are pouring in. Its a matter of redistricting.
that would be the best thing, conservative businesses pull out of NYC and state. Break the F’n state.
Kill the chicken to scare the monkey