Posted on 05/08/2026 5:20:33 AM PDT by Libloather
Don’t break up because of that Mam!
New York leaders are desperately trying to stop billionaire bigwigs from hightailing it out of the Big Apple with their cash, businesses and thousands of jobs — as fears mount that Mayor Zohran Mamdani’s policies will accelerate the Empire State’s nation-leading loss of wealth.
The splashy one-two punch of Citadel CEO Ken Griffin and Apollo Global Management honcho Marc Rowan pledging to expand outside New York City has been coupled with a silent wave of businesses “quiet quitting” the city over its hostile environment, insiders told The Post.
The burgeoning biz bolt has prompted Andrew Murstein, founder of Medallion Financial Corp., to launch a campaign dubbed Operation Boomerang to woo his peeved peers back into the New York groove.
“This is a personal contribution of $1 million,” he said. “I’m a big believer in New York City and tradition.
“That’s just my money. It’s going to be a small drop in the bucket. I’m going to leverage that to be more money,” he added, estimating he’ll raise roughly $20 million to $30 million.
Mamdani’s outspoken “Tax the rich” stance long inspired concerns that fat cats would rather get out of Dodge than live under a socialist mayor.
But those concerns erupted into panic when Mamdani used Griffin’s swanky $238 million Midtown penthouse as a backdrop in one of his trademark slick social media videos — a stunt that the hedge fund titan called “creepy.”
(Excerpt) Read more at nypost.com ...
It’s not just NY. WA, CA, OR, IL, and the rest of the blue states are experiencing this. A big recession is coming to the U.S. and the blue states will be the biggest losers.
Aka, The Long March through the Institutions.
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