william the wie
Gold Member
- Nov 18, 2009
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With Chicago, Boston and NYC headed for bankruptcy probably after the election but likely before the 2016 presidential race what is the likely result in terms of economic impact?
As Detroit and many smaller cities have demonstrated public service union pensions are a big target of bankruptcy courts but so are the taxes imposed on industries in the affected area. I'm trying to get data and info on likely outcomes such as NYC bankruptcy would see increased movement of operations to Salt Lake City by bankers and brokers but not necessarily a shift of exchanges. Any other obvious outcomes?
As Detroit and many smaller cities have demonstrated public service union pensions are a big target of bankruptcy courts but so are the taxes imposed on industries in the affected area. I'm trying to get data and info on likely outcomes such as NYC bankruptcy would see increased movement of operations to Salt Lake City by bankers and brokers but not necessarily a shift of exchanges. Any other obvious outcomes?