Russell Investments is considering a relocating its Headquarters as part of it's current planning processes - a big topic in the Pierce County media of late.
Seattle is a major suitor for Russell - and there is definitely a logic to it - Russell is an international company, and Seattle, an international City.
But Seattle is also a City marked by major financial scandal and a power structure that has not yet evolved away from that Corruption. Moving into the former WAMU HQ would be an apparent coup for Russell, but if you are bailing out the corrupt and, at least in part, acknowledging even a smidgeon of authority then is that good for anyone?
My $.02 for Russell - punt on this one, for now - turn down both the Seattle and Tacoma offers.
The global finance world is changing - most likely becoming much more decentralized as a response to the corruption in such centers as Seattle and New York City. Your location in Tacoma might turn out to be just about right - very near a large global powerhouse, but far enough way to remain, uh, honest.
When it comes to attacting business, whether it be a firm or a City - it is really only honesty and accountability that matters. Any other strategy will only bring the undesirable, of whatever stripe, and income.
Comments (1)
Your site is extremely interesting, especially since I was searching for information on this subject last Thursday.
Posted by Carl Vandors | September 30, 2009 9:51 AM
Posted on September 30, 2009 09:51