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Wednesday, August 15, 2012 A Fund Shop Exec Verbally Commits to Beantown The Red Sox may stink this year, but at least State Street [profile] employees will continue shipping up to Boston, CEO Jay Hooley told the Boston Globe Monday. Hooley promised that the firm would not seek new tax incentives other than the $11.5 million property tax break it received from Boston for moving into a new office in the city. Still, Hooley told the paper, the company did not plan on exporting jobs out of Beantown. “It’s really a commitment to the city,” Hooley said. “We plan to retain the jobs, but the tax benefit was not tied to job activity.” Printed from: MFWire.com/story.asp?s=40939 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |