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Ken Griffin coverage roundup

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* Here you go…

* Ken Griffin has had enough of the high-crime Windy City and moves his hedge fund to Miami: Mr. Griffin noted in a letter to employees that many workers had clamored to relocate to other offices, including Miami. They don’t merely want to escape Chicago’s winters. Many are literally running for their lives amid a crime surge that shows no signs of abating. Thefts so far this year in Chicago have increased 65% compared to last year.

* Ken Griffin’s Citadel Move Is ‘Punch in the Gut’ for Chicago: “There’s no way to dress this up as anything but a punch in the gut for Chicago’s economic development reputation,” said Laurence Msall, president of the Civic Federation, a government watchdog group that counts Griffin among its trustees. “The entire company isn’t moving right away, but it is a terrible warning.” … “It does not signal any immediate ramifications for the city’s credit profile,” Rinaldi said. Fitch has assigned a BBB- rating with a stable outlook to the city largely given its underfunded pensions and others liabilities. Fitch’s rating for the city is one notch above junk. … Still, Citadel’s move and others like it should be a wake up call for policy makers in the city and state, said Todd Maisch, president of the Illinois Chamber of Commerce. While the vast majority of companies likely will stay put, departures of headquarters including Citadel will at the very least spur small- to medium-sized companies to question why they are based in this city or state, he said.

* Ken Griffin’s announcement about Citadel’s move comes at a curious time politically for the billionaire: Illinois House Republican leader Jim Durkin of Western Springs said Griffin’s departure was a sign of the state’s modern-day business climate. Durkin quoted Ian Fleming’s “Goldfinger,” in which the villain told James Bond, “‘They have a saying in Chicago. Once is happenstance. Twice is coincidence. The third time, it’s enemy action.’ First it’s Boeing. Second it’s Caterpillar. Third, it’s Citadel,” Durkin said.

* Ken Griffin pulling Citadel out of Chicago: His announcement comes on the heels of the Chicago region losing the corporate headquarters of Boeing and Caterpillar, a worrisome trend balanced slightly by news this week that one of three companies cereal and snacks maker Kellogg will split into, the largest, will be based in Chicago. And in a win for the city at the expense of the suburbs, Abbott said it will move 450 headquarters workers downtown from Lake County.

* Griffin’s exit will deal one more hit to Illinois: In its piggy bank: Still, if the figure amounts to tens of millions, budget and tax experts said the damage done to the state’s budget would be minimal in a state of 12.8 million residents. Losing out on one taxpayer’s loot, even the state’s wealthiest resident, would amount to a “rounding error” in a state with a $46.5 billion budget, said Ralph Martire, executive director of the Center for Tax & Budget Accountability. [Carol Portman, president of the Taxpayers’ Federation of Illinois] agreed, saying “that’s real money, but it’s not devastating.”

* Ken Griffin moving Citadel headquarters from Chicago to Miami: “He’s walking away even before the election. He’s giving up on his candidate on the campaign even before the election’s even happened. He’s sending a message that he’s washing his hands of Illinois,” said ABC7 Political Analyst Laura Washington. Washington said Griffin’s absence will create a vacuum. “It’s especially bad for the Republican party because the Republican party, particularly at the top of the ticket, has been relying on Griffin’s money, and now that money seems to be going away,” she said.

* Going to Disney World: No sour grapes in billionaire Griffin’s exodus to Sunshine State as Illinois election clouds loom? “The decision to move HQs to Miami and the timing around announcing it have absolutely nothing to do with the Governor’s race,” spokesman Zia Ahmed said in an email to the Sun-Times. Ahmed didn’t respond when asked whether Griffin would continue to contribute to Illinois causes and politicians. … But Griffin is also likely sending a message that he doesn’t want to support whomever wins the GOP primary on Tuesday, whether Bailey or former venture capitalist Jesse Sullivan.

* Ken Griffin’s exit from Illinois leaves his gubernatorial candidate behind: However, former two-term Republican Gov. Jim Edgar said the effects of Griffin’s announcement carry undeniable harm for Irvin’s struggling gubernatorial effort and likely is a sign of Illinois’ wealthiest person calling a strike a strike. “I guess he believes the polls,” Edgar said of Griffin. “It’s not a good endorsement for Irvin.”

* Ken Griffin, wealth inequality and the politics of envy: It is easy to be jealous of Griffin’s billions, but the politics of envy make us all worse off. Instead of focusing on income inequality, Pritzker should celebrate wealth creators, regardless of whether they widen the gap between the rich and the poor. Adding a few billionaires will increase income inequality here, but that would be a boon to government revenue. When it comes to policies, Illinois would be better served by ones that attract successful entrepreneurs, not ones that drive them out of the state.

* What happens now to Ken Griffin’s $58.5 million Gold Coast condo?: It’s not clear why Griffin, whose primary Chicago residence appears to be a condo half a block east at the Waldorf Astoria Chicago (formerly the Elysian Hotel Chicago) that he bought for $13.3 million in 2013, hasn’t finished the four-story penthouse. But it may turn out to have been for the best. A Chicago agent who sold the city’s next-highest priced condos says there is likely more of a market for Griffin’s space sold off as individual floors than as one big unit. “Individual floors would sell much faster versus a whole unit,” said Chezi Rafaeli, the Coldwell Banker agent who this year represented both buyer and seller in the $20 million sale of the 89th-floor penthouse at the Trump International Hotel & Tower. It’s the second-highest condo price to date in Chicago, after Griffin’s purchase, and was for mostly raw space.

* Ken Griffin Makes Wall Street South in Miami a Reality: Inflation is already uniquely painful in the Sunshine State. Single-family rents in the Miami metro area surged 41% in the past year, the most among large metro areas tracked by CoreLogic, thanks in part to limited supply and the added demand from people moving into the area. On Zillow, typical rents in the Miami metro are now comparable to those in Los Angeles despite household income levels that are about 25% lower. Meanwhile, Miami’s Gini coefficient — a measure of inequality — is on par with Colombia’s.

* Griffin’s move to Florida only latest blow to local philanthropy: “You think the 606 [trail] would have been built without Ken? Do you think the Field Museum would have gotten a new dinosaur or what he did for the [Museum of Science and Industry] or the University of Chicago?” the source said.

* Ken Griffin’s move means he’ll step back from Chicago nonprofit boards: “Given that he and his family have moved, he unfortunately will no longer be able to serve on boards in Chicago,” spokesman Zia Ahmed said in an email. Ahmed added that Griffin will announce additional donations to local organizations in the next week. Trustees and board members of nonprofit organizations are typically among the institution’s highest-dollar supporters and public advocates. Losing a high-profile and affluent figure like Griffin would be a huge blow, illustrating another way the departure of the state’s richest man will reverberate across multiple facets of Chicago’s cultural and economic landscape.

* With Ken Griffin headed to Miami, these are now the richest Illinoisans: With Griffin gone, who’s on top? The answer is Lukas Walton—by a long shot. Walton, 35, an heir to the Walmart founding family’s fortune who heads a Chicago-based sustainable-investing philanthropy, is worth $19.7 billion, according to Bloomberg. And though that’s a year-to-date decrease of $2.43 billion, it still far exceeds the next highest-value Illinoisan.

posted by Rich Miller
Friday, Jun 24, 22 @ 11:33 am

Comments

  1. ===Durkin quoted Ian Fleming’s “Goldfinger,” in which the villain told James Bond, “‘They have a saying in Chicago. Once is happenstance. Twice is coincidence. The third time, it’s enemy action.’ First it’s Boeing. Second it’s Caterpillar. Third, it’s Citadel,” Durkin said.===

    Well at least he has finally offered an explanation why he didn’t really do anything to address Representative Chris Miller’s behavior on January 6th.

    He’s waiting for the 3rd coup attempt.

    Comment by Candy Dogood Friday, Jun 24, 22 @ 11:37 am

  2. If Griffin abhors violence in the street, wait until he witnesses spring break in Florida.

    Comment by Former Downstater Friday, Jun 24, 22 @ 11:39 am

  3. Why are those lamenting Griffin’s loss overlooking the billions of dollars of damage and untold human harm he cause via Rauner? They were in Illinois when it happened.

    Comment by Grandson of Man Friday, Jun 24, 22 @ 11:40 am

  4. “Griffin alone—who is worth approximately $25 billion—pays over $200 million in state income taxes every year, the spokesman said, and Citadel employees have themselves funneled over $1 billion to the state over the past decade”

    Comment by Donnie Elgin Friday, Jun 24, 22 @ 11:41 am

  5. The real damage Griffin did by who and what he supported far outweighed his good.

    Two years of no budget for our state…

    Goodbye.

    Comment by Oswego Willy Friday, Jun 24, 22 @ 11:44 am

  6. -Illinois House Republican leader Jim Durkin of Western Springs said Griffin’s departure was a sign of the state’s modern-day business climate.-

    And a sign of the sad state of your party. Your gravy train just left town because your party is a superminority and is on its way to digging deeper, Mr. Griffin’s woeful candidate and misguided messaging aside.

    Comment by Ron Burgundy Friday, Jun 24, 22 @ 11:45 am

  7. Someone please explain how people like Ken Griffin leaving the state is a good thing?

    Comment by Needs Deleted Friday, Jun 24, 22 @ 11:46 am

  8. Boy is that collection of articles a super-clear illustration of the principle that every billionaire is a policy failure.

    Like, “You think the 606 [trail] would have been built without Ken? Do you think the Field Museum would have gotten a new dinosaur or what he did for the [Museum of Science and Industry] or the University of Chicago?” … maybe if he were taxed appropriately museums and parks wouldn’t have to suck up to billionaires? They could access government funds or larger numbers of small donors who don’t have to pay so much for services and have a little more left over?

    Comment by Suburban Mom Friday, Jun 24, 22 @ 11:47 am

  9. === Someone please explain how people like Ken Griffin leaving the state is a good thing?===

    His far right agenda, rejected by voters, has now lost a piggy bank.

    That’s good.

    Comment by Oswego Willy Friday, Jun 24, 22 @ 11:49 am

  10. ==Someone please explain how people like Ken Griffin leaving the state is a good thing? ==

    We’re not talking about “people like Ken Griffin”, we’re talking about *Ken Griffin*, who supported a disaster of a Governor and dropped tens of millions dollars to install another one all over his “Feelings”.

    It will be good for the state to have one less guy doing that.

    Comment by Arsenal Friday, Jun 24, 22 @ 11:51 am

  11. ==worth approximately $25 billion—pays over $200 million in state income taxes every year==

    Yep. That’s a lot of money. It’s also less than 1% of his net worth.

    Comment by Demoralized Friday, Jun 24, 22 @ 11:53 am

  12. This avalanche of stories, almost certainly courtesy of Citadel’s publicity team, when compared to say Caterpillar or Boeing demonstrate how much this move is out of pure spite.

    Comment by Nuke The Whales Friday, Jun 24, 22 @ 11:56 am

  13. “Griffin alone—who is worth approximately $25 billion—pays over $200 million in state income taxes every year, the spokesman said, and Citadel employees have themselves funneled over $1 billion to the state over the past decade”

    So every other Citadel employee, combined, pays more than $100 million in taxes every year. Put another way, Griffin, all by himself, pays more in taxes than every other Citadel employee combined. Does that mean that Griffin, all by himself, makes more than what every other Citadel employee makes each year?

    What’s wrong with this picture?

    Comment by Socially DIstant Watcher Friday, Jun 24, 22 @ 11:57 am

  14. ===is out of pure spite===

    Not a bad point.

    Comment by Rich Miller Friday, Jun 24, 22 @ 11:58 am

  15. Is Jim Durkin actually trying to emulate the speech patterns of a Bond villain?

    That’s… weird.

    Comment by TheInvisibleMan Friday, Jun 24, 22 @ 11:59 am

  16. === Someone please explain how people like Ken Griffin leaving the state is a good thing?===

    I don’t see anyone saying it’s a good thing (schadenfreude isn’t the same). There’s a lot of “who cares” which is the correct response. Are we supposed to beg him to stay? Cut his already insanely low taxes even more? Cordon off streets when he and his apparently godlike employees walk by?

    Griffin is a whiner. To paraphrase a classic alt-pop-punk band, I hope he has the time of his life.

    Comment by Lefty Lefty Friday, Jun 24, 22 @ 12:03 pm

  17. === Someone please explain how people like Ken Griffin leaving the state is a good thing?===
    I guess you missed the 200+ comments on yesterday’s thread.

    Comment by Proud Papa Bear Friday, Jun 24, 22 @ 12:08 pm

  18. Oh so sorry, Jim Durkin. Your big money guy is taking his cash and giving it to Ronnie DeSantis now.

    Comment by low level Friday, Jun 24, 22 @ 12:10 pm

  19. $1 billion over 10 years? That’s a quarter of what the Fair Tax would have brought in a single year. Mission accomplished huh?

    And to answer that “source”’s question: I’m pretty sure the Field Museum will bring in some more dinosaurs.

    Comment by Chicago Blue Friday, Jun 24, 22 @ 12:11 pm

  20. Guess if you can’t buy a politician in Illinois move to Florida where it is easier.

    Comment by Publius Friday, Jun 24, 22 @ 12:12 pm

  21. Headline: Rich Guy Unhappy That Democracy Works

    Comment by Jibba Friday, Jun 24, 22 @ 12:13 pm

  22. Since he blames crime I found this interesting
    https://www.bestplaces.net/crime/?city1=51714000&city2=51245000

    Comment by Union thug Friday, Jun 24, 22 @ 12:16 pm

  23. =Someone please explain how people like Ken Griffin leaving the state is a good thing?=

    The majority of people are paying higher state income taxes than they would have under the fair tax because Ken Griffin wanted it that way.

    Comment by Pundent Friday, Jun 24, 22 @ 12:17 pm

  24. Interesting thread here. Crime rates in Chicago and Miami are pretty similar:

    https://twitter.com/geoffreycubbage/status/1539985947525357571?s=21&t=_rufwXHlOMHdqzQ7zrUkqQ

    Comment by TNT Friday, Jun 24, 22 @ 12:18 pm

  25. Hopefully Illinois will find another way to replace Griffin’s tax haul. If not, it will be just another problem to deal with. I guess some in the business community feel they have less influence in the state legislature than say… other interest groups and don’t much like it.

    Comment by Steve Friday, Jun 24, 22 @ 12:23 pm

  26. Maybe at some point we can give the progressive tax another shot.
    No, he will not be missed.

    Comment by The Velvet Frog Friday, Jun 24, 22 @ 12:23 pm

  27. The other thing is, if I’m supposed to despair that he left, we’ll, what woulda made him stay? Apparently he needed JB to make him “feel” the same way Richard Daley did, or he needed the Republican Party to anoint his hand-picked candidates.

    I don’t know how IL State Government can make either one of those happen.

    Comment by Arsenal Friday, Jun 24, 22 @ 12:31 pm

  28. A “punch in the gut” to Irvin and Durkin.

    And a boost to the new GUP. Grand Uhlein Proft organization.

    Comment by Phineas Friday, Jun 24, 22 @ 12:35 pm

  29. Ken Griffin is a very rich man. Very rich people don’t pay taxes like us working stiffs do. If you have income in Illinois you pay taxes on that Illinois income. If you have income in New York you pay taxes on that income. If you’re very rich you probably have income sourced to every state and pay the appropriate taxes for that state.

    Ken Griffin isn’t getting a significant portion of his income or compensation as a wage sourced to Illinois. More than likely his income tax obligations to Illinois won’t change much if he changes his official residency/domicile to Florida.

    ===Do you think the Field Museum would have gotten a new dinosaur===

    This is just a remarkably odd flex. It’s not specific enough, but do they mean the 5.5 million dollar tax deductible contribution he made? Or his total giving to the museum? Because his total giving is way less than he just blew on Richard Irvin and it’s way less than what he spent on undermining a progressive income tax in the state.

    I don’t think “getting a new dinosaur” really undoes the negative impacts of his political activity, or how his organization makes money through their role as a market maker that buys order flow. If we hold him partially responsible for the fiscal damage Rauner did we’re talking billions of dollars of negative impacts, and a hollowed out state government where DCFS is so poorly staffed and lacks the community resources it needs so children are dying when they shouldn’t have.

    Comment by Candy Dogood Friday, Jun 24, 22 @ 12:46 pm

  30. to say he’s acting out of spite is to suggest that leaving Illinois is bad for Illinois? If so, why all the cheering about his imminent departure?
    He’s saying Pritzer won and he lost, that Illinois will continue on its present course, one he doesn’t like for reasons he’s mentioned for months. rather than continue to engage in futile actions to change an unchangeable status quo, he’s moving to a place where he will be happier, his employees will be safer and his business will be better. the weather isn’t bad either.

    Comment by jim Friday, Jun 24, 22 @ 12:47 pm

  31. With Griffin’s security team and protection…Ken’s certainly not walking down State Street to pick up a pizza at Pizano’s.

    Comment by Rudy’s teeth Friday, Jun 24, 22 @ 12:50 pm

  32. Our new richest person is a Walton? Gosh that family has a lot of money.

    Comment by hisgirlfriday Friday, Jun 24, 22 @ 12:51 pm

  33. At least Pritzker didn’t have an ultra-entitled hissy fit when he had the massive Fair Tax loss. He stuck with his job and moved on to other things.

    Comment by Grandson of Man Friday, Jun 24, 22 @ 12:55 pm

  34. Arsenal +1. No one person can be allowed to override an entire state. If he can’t stay, so be it. I won’t be happy he left, but I won’t miss his political meddling, demands, and petulance.

    Comment by Jibba Friday, Jun 24, 22 @ 1:01 pm

  35. “to say he’s acting out of spite is to suggest that leaving Illinois is bad for Illinois?”

    No. He’s acting out of spite because HE insists that leaving IL is bad for IL. I’m fine with his departure because I disagree with his assessment of his own importance.

    Comment by The Velvet Frog Friday, Jun 24, 22 @ 1:03 pm

  36. I was sorry to hear he is leaving, but there are any number of commenters here making good points about what he cost the State already by enabling Rauner (let’s not forget the $1B we paid out in PPI during his tenure) and what we (all other State citizens) would have had to do to get him to stay. This move was inevitable once Rahm didn’t run for reelection and his JB dispute surfaced and his candidate started tanking. As others have presciently pointed out, this move was all about spite and nothing else. He’s taking his ball and going home. So good bye.

    Comment by Original Rambler Friday, Jun 24, 22 @ 1:11 pm

  37. == to say he’s acting out of spite is to suggest that leaving Illinois is bad for Illinois?==

    Not necessarily. You can intend to accomplish something with a certain act but not do it. The White Sox will intend to win a baseball game today. But they may not.

    Similarly, Griffin may intend to hurt Illinois with this move. But he may not.

    Comment by Arsenal Friday, Jun 24, 22 @ 1:11 pm

  38. =his employees will be safer =

    Editors note: Miami’s violent crime rate is roughly equal to Chicago’s while their property crime rate is significantly higher

    Conclusion: Ken Griffin is throwing a hissy fit the likes of which would make a toddler proud

    Comment by Joe Bidenopolous Friday, Jun 24, 22 @ 1:21 pm

  39. This isn’t a critique of you, Rich, who I think sets the bar for journalistic integrity.

    I wish Griffin’s preposterous claim of knowing several “colleagues” who have been robbed and stabbed shouldn’t be given the time of day unless he is able to back it up with a scintilla of evidence.

    Comment by AlfondoGonz Friday, Jun 24, 22 @ 1:31 pm

  40. So “Ken Griffin has had enough of the high-crime Windy City and moves his hedge fund to Miami” I guess just like all his political calculations, he just did not do the correct research before deciding the move to Miami. Here is Miami-Dade crime data: https://www.miamidade.gov/police/library/part-1-crimes-ytd-comparison.pdf and here is Chicago crime data:https://www.chicagotribune.com/news/breaking/ct-chicago-crime-stats-shootings-down-20220403-p7pm6fjiofgwzek2sid5vyit4q-story.html

    Comment by Moi Friday, Jun 24, 22 @ 1:46 pm

  41. Did you miss 9 people getting shot and two people killed 1 block from Griffin’s Chicago top floor residence at Park Tower last month?

    https://loyolaphoenix.com/2022/05/at-least-five-shot-one-fatally-in-mass-shooting-steps-away-from-loyolas-water-tower-campus/amp/

    Comment by Lucky Pierre Friday, Jun 24, 22 @ 1:47 pm

  42. I’m surprised Griffin never considered moving to St. Louis or elsewhere in Missouri.

    Comment by Just Sayin Friday, Jun 24, 22 @ 1:49 pm

  43. Did you read the data, I am sure Ken did

    30 murders YTD in Miami

    239 murders YTD in Chicago and 971 shootings through May

    https://news.wttw.com/2022/06/01/despite-violent-memorial-day-weekend-chicago-police-say-homicides-remain-down-2022

    Comment by Lucky Pierre Friday, Jun 24, 22 @ 1:52 pm

  44. Pritzker will probably cruise to another term, Lightfoot will probably get the boot, Kim Foxx is going to be ousted, and Kenny G will have nothing to do with any of these things occurring.

    Wonder why this d bag thinks he’s the self-appointed king of Illinois?

    Comment by Old IL Dude Friday, Jun 24, 22 @ 1:54 pm

  45. Maybe when you become rich, you’re surrounded by a bunch of Yes men. And maybe you have so much success in business that you’re insulted when you lose at something or someone tells you “no.”

    Maybe you start to believe that since you’re such a genius at making money that you’re a genius at everything you try.

    Those of us who have failed a lot and know we’re not so smart are not so horrified when we fail again.

    And yet, why do we seem happier than Ken Griffin?

    Comment by Streator Curmudgeon Friday, Jun 24, 22 @ 1:58 pm

  46. ==Citadel employees have themselves funneled over $1 billion to the state over the past decade==

    I will reiterate that not all of these people are leaving, and thus not all of their tax revenue is, either. Citadel is keeping an office here. Many Citadel employees simply won’t get the option of moving to Miami. Of those who do, many of them won’t take it for personal reasons. Some will be absorbed by other financial firms, and if the service Citadel provides is so vital, someone will rise to fill any hole in demand created by Citadel’s partial departure.

    Comment by Arsenal Friday, Jun 24, 22 @ 1:58 pm

  47. ===Did you miss 9 people getting shot and two people killed 1 block from===

    I didn’t. That’s right around the corner from my little Chicago place. Unlike Griffin, I don’t have security or a driver, but I ain’t moving to Florida. River North is packed with people, LP.

    Comment by Rich Miller Friday, Jun 24, 22 @ 2:04 pm

  48. Lucky Pierre @ 1:52 pm: Miami, Florida Population 2022 -483,395. Chicago, Illinois Population 2022
    2,671,640…..considerable difference.

    Comment by Moi Friday, Jun 24, 22 @ 2:11 pm

  49. Chicago population = 2.75 million
    Miami population = 440,000

    Homicide rates (based on LP’s #s)
    Chicago = 8.6/100,000
    Miami = 6.8/100,000

    As mentioned above, the property crime rate in Miami is higher than Chicago.

    I say “fare thee well.” Griffin’s complaints about the lack of policing is contradicted by his demand for smaller government and lower taxes.

    The primary reason behind his move would seem to be Florida’s push to maintain the dominance of older, cis-gender, straight white men and policies that venerate them and force all others to do their bidding.

    Comment by Pot calling kettle Friday, Jun 24, 22 @ 2:20 pm

  50. Anybody that believes that Ken Griffin is moving to Florida because of crime is fooling themselves. It’s clear that Griffin has been chomping at the bit to gain influence over Illinois government for a while now. He’s been remarkably unsuccessful in his attempts. He’s finally decided to cut bait and take his ball and go home. If he can’t have his outsized influence here then he’s going to go somewhere else. He’s pouting.

    Comment by Demoralized Friday, Jun 24, 22 @ 2:20 pm

  51. ==Did you read the data, I am sure Ken did==

    I’m sure he did, too, and that’s why I know his concern about crime was always a crock.

    He’s told us what this is about. Daley and Rahm gave him a special feeling, Pritzker doesn’t.

    Honestly, if I could, I’d move out of a state if I didn’t like the governor, too.

    Comment by Arsenal Friday, Jun 24, 22 @ 2:28 pm

  52. LP demonstrating he doesn’t know the meaning of the word “rate.”

    Comment by TNT Friday, Jun 24, 22 @ 2:34 pm

  53. “No sour grapes,” are you kidding? Dude is practically running a Griffin’s Own vinegar bottling plant. But we talked to his spokesman who said, quote, “I’m not mad, you’re mad.”

    And cheese and crackers, is someone over at Crain’s still stuck on “wealth creators” and “class envy?” I thought we buried that jargon with Romney/Ryan.

    Comment by 48th Ward Heel Friday, Jun 24, 22 @ 2:41 pm

  54. The death of the word “literally” is nearly complete:

    ” Many are literally running for their lives amid a crime surge that shows no signs of abating. Thefts so far this year . . . ”

    Not sure how many folks who work in the South Loop (not South Side) are dying while been robbed.

    Comment by MRL Friday, Jun 24, 22 @ 2:44 pm

  55. Only 1000 of the 4000+ employees are based in Chicago. They have been building the NY and Miami offices for years. He has been saber rattling about moving the HQ for years. They have a private jet to bring in NY employees on Monday morning and they leave on Thursday

    Comment by silicon prairie Friday, Jun 24, 22 @ 2:57 pm

  56. == “The decision to move HQs to Miami and the timing around announcing it have absolutely nothing to do with the Governor’s race,” spokesman Zia Ahmed said ==

    LOL. Yeah, I got a nice collapsed bridge for sale…cheap,too.

    Apparently money can’t always buy everything. Griffen is sorted transparent here tho.

    Comment by sal-says Friday, Jun 24, 22 @ 3:03 pm

  57. And this -3 strikes & yer out- stuff. Are these pundits too stupid/slow to see a childish move here ?

    Comment by sal-says Friday, Jun 24, 22 @ 3:06 pm

  58. - Lucky Pierre -

    Gotta ask. You are so scared. Griffin moved. You are staying.

    Odd, so scared, but staying. Kassian even.

    Comment by Oswego Willy Friday, Jun 24, 22 @ 3:40 pm

  59. “30 murders YTD in Miami”

    Then I guess Citadel should relocate to Great Bend, N.D. because they haven’t had *any* murders this year.

    – MrJM

    Comment by MisterJayEm Friday, Jun 24, 22 @ 3:41 pm

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