When I said this two years ago , I was laughed at , well santa has delivered the gamble game to the kings of the fix . Atlanta !
Accounting is getting hard these days with the big banks caught in money laundry scandels , so improvements to the system is required ,so move to Atlanta system ?
"The NYSE announced its plans to merge with Archipelago on April 21, 2005, in a deal intended to reorganize the NYSE as a publicly traded company. NYSE's governing board voted to merge with rival Archipelago on December 6, 2005, and become a for-profit, public company. It began trading under the name NYSE Group on March 8, 2006. A little over one year later, on April 4, 2007, the NYSE Group completed its merger with Euronext, the European combined stock market, thus forming the NYSE Euronext, the first transatlantic stock exchange"
In other news, Standard and Poors again downrated the commodities trading of stockbrokers' souls, citing their poor resale value, low reliability ratings and general state of disrepair.
NOT a "sign of the times"; actually very little has changed for the companies you mention, and NONE of it of great consequence to "the South":
Caterpillar (CAT) has 100 facilities worldwide, 51 in the US, 52 overseas, HQ, STILL Peoria, IL. Why single out TN? Boeing has over 100K employees in eight states, the lion's share (75K) STILL in Washington state, HQ moved to CHICAGO in 2001.
Re "Boring in SC", we only do PARTIAL assembly on the Dreamliner, and there are less than 600 employees TOTAL. Those hired locally work for hourly rates below the national average for aviation-related jobs. Management positions are held by Boeing employees from Washington, and most of the higher-paid positions are subcontractors from other places. Boeing received MASSIVE tax incentives (basically a bribe so then-Gov. Mark Sanford could brag about bringing "business to SC") to open the small plant here. It has had ZERO effect on our high unemployment.
"Motor City" has LONG had facilities outside Detroit; auto companies are ALL global now. Upstate SC has also had a BMW plant for years, but I wouldn't say "BMW is in SC" with any emphasis - it's just ONE plant that makes sports cars that are shipped out of Charleston BACK to Germany, and again, ZERO impact on our percent of unemployed.
NYSE and ICE will have joint headquarters, and you don't see ICE moving Wall Street to Georgia, Alabama, or Mississippi, do you?
The "South" STILL has among the worst SAT scores, highest incidence of teen pregnancies, highest number of welfare recipients, high unemployment, below average wages, poor health care, etc.
The REGION is NOT "rising"; Atlanta's overall prosperity (compared to the REST of the South) is the one exception. Every little bit helps, but we still have a LONG way to go.
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Accounting is getting hard these days with the big banks caught in money laundry scandels , so improvements to the system is required ,so move to Atlanta system ?
"The NYSE announced its plans to merge with Archipelago on April 21, 2005, in a deal intended to reorganize the NYSE as a publicly traded company. NYSE's governing board voted to merge with rival Archipelago on December 6, 2005, and become a for-profit, public company. It began trading under the name NYSE Group on March 8, 2006. A little over one year later, on April 4, 2007, the NYSE Group completed its merger with Euronext, the European combined stock market, thus forming the NYSE Euronext, the first transatlantic stock exchange"
Caterpillar (CAT) has 100 facilities worldwide, 51 in the US, 52 overseas, HQ, STILL Peoria, IL. Why single out TN? Boeing has over 100K employees in eight states, the lion's share (75K) STILL in Washington state, HQ moved to CHICAGO in 2001.
Re "Boring in SC", we only do PARTIAL assembly on the Dreamliner, and there are less than 600 employees TOTAL. Those hired locally work for hourly rates below the national average for aviation-related jobs. Management positions are held by Boeing employees from Washington, and most of the higher-paid positions are subcontractors from other places. Boeing received MASSIVE tax incentives (basically a bribe so then-Gov. Mark Sanford could brag about bringing "business to SC") to open the small plant here. It has had ZERO effect on our high unemployment.
"Motor City" has LONG had facilities outside Detroit; auto companies are ALL global now. Upstate SC has also had a BMW plant for years, but I wouldn't say "BMW is in SC" with any emphasis - it's just ONE plant that makes sports cars that are shipped out of Charleston BACK to Germany, and again, ZERO impact on our percent of unemployed.
NYSE and ICE will have joint headquarters, and you don't see ICE moving Wall Street to Georgia, Alabama, or Mississippi, do you?
The "South" STILL has among the worst SAT scores, highest incidence of teen pregnancies, highest number of welfare recipients, high unemployment, below average wages, poor health care, etc.
The REGION is NOT "rising"; Atlanta's overall prosperity (compared to the REST of the South) is the one exception. Every little bit helps, but we still have a LONG way to go.