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The New Coffee Room

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  3. Chicago Mercantile Exchange: "We're outa here..."

Chicago Mercantile Exchange: "We're outa here..."

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  • George KG Offline
    George KG Offline
    George K
    wrote on last edited by
    #1

    ...maybe.

    Firm Is Prepared to Leave Chicago ‘If We Had To’

    Hours before Brandon Johnson was sworn in as Chicago’s 57th mayor, CME Group CEO Terry Duffy warned that the huge trading complex containing the Chicago Board of Trade and the Chicago Mercantile Exchange would consider moving out of Chicago. Duffy, speaking on Bloomberg’s Odd Lots podcast, was responding to campaign rhetoric from then-candidate Johnson that he would impose a tax on financial transactions. In the audio clip below, Duffy suggested the city would be better off by strengthening businesses, not by taxing them more. Duffy said the CME Group, years back, sold all of its properties in Illinois, could easily get out of its leases and, “If we had to leave, we could leave.”

    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

    CopperC 1 Reply Last reply
    • JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on last edited by
      #2

      Come on down, y'all.

      “Cry havoc and let slip the DOGE of war!”

      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

      1 Reply Last reply
      • George KG George K

        ...maybe.

        Firm Is Prepared to Leave Chicago ‘If We Had To’

        Hours before Brandon Johnson was sworn in as Chicago’s 57th mayor, CME Group CEO Terry Duffy warned that the huge trading complex containing the Chicago Board of Trade and the Chicago Mercantile Exchange would consider moving out of Chicago. Duffy, speaking on Bloomberg’s Odd Lots podcast, was responding to campaign rhetoric from then-candidate Johnson that he would impose a tax on financial transactions. In the audio clip below, Duffy suggested the city would be better off by strengthening businesses, not by taxing them more. Duffy said the CME Group, years back, sold all of its properties in Illinois, could easily get out of its leases and, “If we had to leave, we could leave.”

        CopperC Offline
        CopperC Offline
        Copper
        wrote on last edited by
        #3

        @George-K said in Chicago Mercantile Exchange: "We're outa here...":

        “If we had to leave, we could leave.”

        Why wait?

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