Citadel founder and CEO Ken Griffin says his investment firm will move its headquarters out of Chicago, according to a new report.
He said was reminded of a 2013 quote where he described Chicago and Illinois as a city and state "with broken schools, bankrupt pensions, rising crime, a declining tax base and public corruption."
"We have our work cut out for us because we have a government in our state that continually puts votes in front of people, votes in front of lives, votes in front of schools," Griffin said. "We need to start to take the state back inch by inch from people that put their politics first and put our people second."In an interview Thursday with Bloomberg, Ken Griffin says if things don't change in Chicago in regards to the ongoing violence, his business will be leaving.
"It is becoming ever more difficult to have this as our global headquarters, a city which has so much violence," the CEO said. "Chicago is like Afghanistan on a good day, and that's a problem." "I can't look people in the eye like I did 20 years ago [and say], ‘This is a great place to raise a family. This is a great place to call home,’" Griffin said. "I can't give that same speech today. I can't in good conscience."
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