Chicago's Richest Man Taking His $22 Billion Company to Florida, For One Surprising Reason

[Emily]

https://www.msn.com/en-us/money/com...-company-to-florida-for-one-surprising-reason
Chicago's Richest Man Taking His $22 Billion Company to Florida, For One Surprising Reason

Andrew Herrig - Saturday


Ken Griffin, a hedge fund manager worth almost $29 billion, has already moved himself and his family to Florida. And recently, he released a memo to employees that his $22 billion firm, Citadel Securities, would also move its headquarters there.

While the trend of companies moving from high-tax states like California, Illinois, and New York to lower-tax, business-friendly states like Texas and Florida is nothing new, one factor in the decision is potentially concerning for the future of Chicago's business climate.

Crime a Factor in Citadel's Move Out of Chicago

Citadel officials cited crime as one critical reason for the move. According to a report, over the last few years, there have been multiple incidents involving Citadel employees. Ken Griffin himself experienced an attempted carjacking, a Citadel employee was stabbed while walking to work, and there have been numerous reports of shootings, riots, and looting near some employees' homes.

Ken Griffin has been outspoken about how crime has affected his employees. In a recent interview, he said, “if people aren't safe here, they're not going to live here. I've had multiple colleagues mugged at gunpoint. I've had a colleague stabbed on the way to work, countless issues of burglary. I mean, that's a really difficult backdrop with which to draw talent to your city from.”...

 

[Emily]

https://www.thevoid.uk/void-post/cat...-usa-watchdog/

It’s Not a Turndown, It’s a Takedown

Catherine Austin Fitts – 18 June 2022 | USA Watchdog
Join Greg Hunter of USA Watchdog as he goes One-on-One with the Publisher of The Solari Report, Catherine Austin Fitts.

Catherine Austin Fitts (CAF), Publisher of The Solari Report and former Assistant Secretary of Housing (Bush 41 Admin.), contends this is what the so-called “reset” looks like. High food and fuel prices along with crushing interest rates are no accident.

“To me, this is part of the ‘going direct reset.’ There is an official narrative, and the official narrative is they’ve got to stop inflation. . . . Let’s look very simply at what happened. They voted on the direct reset. Then they injected $5 trillion into the economy that went to the insiders. Then they used Covid to shut down the economy run by the outsiders. Now, the outsiders want to open another business, and they are going to radically raise the cost of capital to the outsiders. What’s going to happen is that $5 trillion is going to buy more assets more cheaply. To me, this is part of centralizing the control of the economy. They are asserting very significant central control. This is not a turndown–this is a takedown.”​

CAF’s view of the economy is simple and tangible. CAF says,

“This is a world where people are trying to get into real assets that can generate a yield. Let me tell you what the problem is. Doing things that create value on assets requires the rule of law. We are watching a very significant financial coup d’état. We have talked about this for years. That financial coup d’état is turning into a coup, and you are seeing a fundamental breakdown of law and order in many places. It is related to people trying to pick up assets. We see cities where crime is off the charts, and speculators are out having a field day picking up assets with that $5 trillion.”...​