Goldman Sachs Eyes Florida Exit as Financial Exodus from New York Continues
When the cronyism gets too thick even for Goldman Sachs one knows there’s a problem.
(From FEE)
“Goldman Sachs Group Inc. is weighing plans for a new Florida hub to house one of its key divisions, in another potential blow to New York’s stature as the de facto home of the U.S. financial industry,” Bloomberg reported. “Executives have been scouting office locations in South Florida, speaking with local officials and exploring tax advantages as they consider creating a base there for its asset management arm, according to people with knowledge of the matter.”
Billionaire financier Paul Singer recently decided to move his operations to Florida also.
This article was originally posted here: https://www.ac2news.com/2020/12/goldman-sachs-eyes-florida-exit-as-financial-exodus-from-new-york-continues/.