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(Yahoo)   Financial giants un-occupying Wall Street   (finance.yahoo.com ) divider line
    More: Interesting, Wall Street, Boston Consulting Group, Bank of New York Mellon, incentive programs, financial capital, call centers, back offices, Credit Suisse  
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2951 clicks; posted to Business » on 02 Jul 2012 at 7:44 PM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-07-02 08:33:30 PM  
1 vote:

FabulousFreep: In other news imposing unreasonable taxes on people makes companies leave your state, news at 11.


That's an oversimplification. It's not just taxes, it's cost of living in general. You can pay people less in other parts of the country.
2012-07-02 07:33:50 PM  
1 vote:

FreakinB: edmo: Unless they're addicted to NYC, that should be a good deal. Those bonuses will go a looooong way in flyover country

It's would probably be the back-office functions that get moved more than the big-money people.


yeah the accounting and trade support staff aren't the ones getting bonuses that are multiples of their salaries. the most surprising thing about this is that these massive companies had their support functions based out of nyc in the first place.
2012-07-02 05:03:48 PM  
1 vote:
1.bp.blogspot.com
 
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