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Saturday, March 19, 2011

Update on Fidelity Investments Moving From Massachusetts to New Hampshire to Better Serve Clients Across All Time Zones

 A couple of days ago I posted a story about Fidelity Investments moving their Massachusetts employees at Marlborough to Rhode Island and New Hampshire "to better serve their clients across all time zones."

Well, it appears that the governor of Massachusetts was a) caught off guard; and, b) not particularly happy. The governor was on a two-week trade mission/junket/vacation/whatever.

Also in that story, apparently the Japanese nuclear disaster won't affect the nuclear energy program in Massachusetts:
Questioned about fears of a nuclear disaster after the earthquake and tsunami in Japan, the governor said he is concerned about the safety of the aging Pilgrim Nuclear Power Station in Plymouth, but he supports extending its license next year as long as the proper reviews are conducted.
Yes, I know, this has nothing to do with the Bakken, but I'm traveling and some stories are just too good to pass up.

1 comment:

  1. That is a good story. Fidelity does not come across as a particularly desirable business partner. Putting out a series of increasingly incoherent responses to questions regarding it's decisions, failing to inform the gov until the very last minute, backing out of trade mission participation at the last minute. If I were nh or ri I am asking myself if I am next.

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