Escape from New York! Wall Street Behemoth Goldman Sachs ditches The Big Apple

Liberty Nation via NOQ Report ^ | 12/09/2020 | Andrew Mor

[treetopsandroofs]

In marginally related news, Christmas Chronicles was impressive.

[1Old Pro]

I think Government Sachs is trying to extort money out of NYC/S.

What money? The money they are going to get taxing package delivery to save their transportation department? :)

[gw-ington]

Escape from New York! Wall Street Behemoth Goldman Sachs ditches The Big Apple

Too funny! "Wall Street" firms rapidly "ditching" Commie de Blasio's NYC for Florida!

Well, for the few so-called "Wall Street" firms that are stupid enough to remain in Commie De Blasio's NYC, maybe they can relocate to Brooklyn, so instead of calling them "Wall Street" firms, they can then call themselves "Rockaway Avenue" firms! ROFLMAO!

Doing a fantastic "job," de Blasio! Keep up the great "work!"

[bob_esb]

yes there will be tax revenue implications if GS leaves NYC, but the more general effect and all-up jobs wont hit for 3-5 years. The current dem politicians will not be impacted by this latency

[blueunicorn6]

The second rule of fighting is that you have to somehow hurt the other guy.

Goldman Sachs isn’t fighting. They’re just running. They’re running to a warmer place.

[BluH2o]

My wife & I visited NYC a couple of years ago. At one point we lived in Fairfield County, CT (easy commute to the city) and were frequent visitors. We moved away from CT nearly 30 years ago, passed thru NY area airports from time to time but that was that was pretty much it. Our last trip to NYC lasted about four days, stayed in a mid-town Manhattan hotel, dinner out at excellent restaurants, a Broadway play, the WTC Memorial. That will be our last trip to NYC and we were there when it was the optimum NYC … it will be many years before it returns to anything resembling the NYC we knew.

[Clemenza]

More liberal New York finance guys moving to Palm Beach County. Been going on for my entire life (I am 44).

[steve8714]

Yeah, I get a lot of that.

[Roadrunner383]

Running to a warmer place, and a place with no state income tax.

[drypowder]

Hints of something huge and catastrophic in NYC’s future. China retaliation?

[SaxxonWoods]

surprised, Goldman is a big LIB firm.

A big LIB capitalist firm.

Goldman’s preferred stock GS/PRA is my largest single position. It has kicked azz.

[1Old Pro]

I didn’t say they didn’t make money :)

[FLNittany]

Rumors down here have them dead serious, and zeroing in on Palm Beach Gardens for their headquarters.

[SaxxonWoods]

Heh. Yes. At least they are capitalist in practice.

[unixfox]

Will DeBlasio and Cuomo demand an exit tax?

SUCKERS!

[mware]

Two NJ governors including our present one Murphy are from Goldman. Wouldn’t recommend anyone from that company work for the government.

[EVO X]

Will DeBlasio and Cuomo demand an exit tax?

There is no exit tax, but the cooperation and employees can expect to be hassled by NYS taxing authorities for years to come. They hassled Rush for over a dozen years..

[Jonty30]

If so, I’d do the exact same thing.

[Leep]

Is it possible they had to sort of “go along” while they were in NYC?...Trump knew what the deal was when he lived there..

[Pajamajan]

They support the Marxists. They need to stay right where they are.