CEO says he’s “embarrassed” to live in Illinois

[mopinko]

After obtaining $6 million state tax cut, CEO says he’s “embarrassed” to live in Illinois.

CBOE Holdings Inc. CEO Bill Brodsky derided the State of Illinois for financial problems, such as underfunding of state pensions, just weeks after the state passed a new law that will reduce the taxes that his Chicago-based options exchange pays.

“I’m embarrassed to live here,” Mr. Brodsky said in answer to a reporter’s question at an annual CBOE media lunch Tuesday. His remark was in reference to a bond-rating downgrade by Moody’s Investors Service Inc. last week to A2, that agency’s lowest for any state. “We need people to come together and recognize the gravity of the situation and work together to a solution.”

http://capitolfax.com/2012/01/11/after-obtaining-6-million-state-tax-cut-ceo-says-hes-embarrassed-to-live-in-illinois/


what a dick.

[Scuba]

1. So he's saying he doesn't need the tax cut, it should go to funding pensions? Sounds OK to me. n/t

[whathehell]

3. Exactly...Let him put his money where his mouth is..Donate that big tax cut. n/t

[DaveJ]

2. Strange that a state's budget issues would cause 'embarrassment'

I understand he's a CEO and speaks to his ceo buddies, but that's still just plain out of touch with reality.

[Old Union Guy]

4. I'm PO'd to live in Illinois.

Why be embarrassed?