BREAKING NEWS – New York City, New York – Goldman Sachs CEO Paul Singer, is eying a move to Florida for one of its key divisions — in what could be yet another major blow to New York City’s position at the helm of the financial industry, a new report says.
The financial titan is considering relocating its $8 billion-revenue-generating asset-management arm to Palm Beach County or Fort Lauderdale, checking out potential real estate, chatting up local officials and weighing the Sunshine State’s tax advantages, sources told Bloomberg.
Mayor DeBlasio and Governor Cuomo who normally can’t stand each other, have united forces in attempt to stop the move and the major loss of revenue. They hired someone to persuade Singer to remain in the Big Apple, but they didn’t name the individual in the Mafia who’ll be presenting the “sales pitch”.