Tuesday, March 02, 2021

SHOCK!!! WADDELL & REED CANCELS DOWNTOWN KANSAS CITY HQ!!!

A not-so-fun fact of life signals "momentum" for Kansas City now moves in a very dire direction and this cowtown must now cope with the economic reality of post-COVID life.

Latest on the taxpayer funded bad deal . . .

"Waddell & Reed does not plan to move into a downtown Kansas City tower designed as its new corporate headquarters after it merges with Australia’s Macquarie Group.

"That news comes after the financial services company announced it would lay off more than 200 employees as part of the merger. The company had been planning to move into a new $140 million tower that is currently under construction."

 To wit . . .

TKC READERS TOLD YOU SO!!! COVID KILLED THE DOWNTOWN KANSAS CITY RENAISSANCE!!!

Update with links . . .

KSHB: Waddell & Reed announces layoffs; won't move to downtown headquarters under construction

KCUR: After Securing Big Tax Breaks, Waddell & Reed Won’t Move To Kansas City After All

Developing . . . Or not . . .

66 comments:

Anonymous said...

Thanks Trump!

Jd said...

^^^

Don't forget to thank Kamala!

Anonymous said...


no shit...who would want to work downtown..with all the Democrap looters and rioters. urban scholars car burnouts, bums.. get mugged, or have cars broken into..

no thanks!

Anonymous said...

^^^

Lulz. Don't worry about. We don't need any more toilet cleaners. CHUD.

Anonymous said...

^^^ that’s right chimpy, you’re cancelled immediately! Hahahahaha!

Anonymous said...

The downtown renaissance was always hanging by a thread, if it weren’t for sLIE and lickass bribing developers with our tax money to come here we wouldn’t be in the financial mess we are in now.

Anonymous said...

funny thing was this was one of the last incentives for moving from KS to Mo

stupid stupid stupid deal for the city from the beginning

no covid didn't kill it but it did exacerbate the public policy follies of the past two decades at city hall. we went broke chasing the creative class. it's nice enough along the berkeley riverfront where white millennial have their little walking path and urban setting, dope in fact, but the price tag of subsidizing all these luxury dwellings downtown, and the price tag of a subsidized bar district downtown, and the price tag of the city's empty hotel ... and the price tag of a streetcar bureaucracy that would die if the federal money stopped, all the while neglecting streets and bridges

Anonymous said...

Downtown is fine geezers. Go back to sleep.

Anonymous said...

THE MAYOR LUCAS CURSE. A SPECIAL MENTION TO MAYOR SLY AND THE CITY COUNCIL FOR THEIR FINE WORK IN GETTING WADELL AND REED TO MOVE DOWNTOWN..

Anonymous said...

The mayor James curse has 9 more years until it is lifted.

Anonymous said...

Covid did not cause this abortion of a decision by the corporate raiders. This can be chalked up to capitalism and globalism. If there was no merger, this article wouldn't exist.

We tried to tell you! said...

Another epic fail brought to you by Quinton Lickass.

Anonymous said...

What happened Mayor Sly James?

Anonymous said...

Taxpayers are going to be forced to eat this fuckup too.

Anonymous said...

Turn it into a homeless shelter. They already ruined Bartle.

Anonymous said...


yep..Waddell & Reed honchos know the stock market due to plummet, as Beijing Bidet and the Dems sell out America to their Red Chinese masters.

Anonymous said...


LOL-- Chudly at 1:15 ..obsessed with toilets.

Kinky!

Anonymous said...

DST Systems bailed on downtown, sold out, now its an east coast entity. But the 2 'Toms" walked away with hundreds of millions of bucks for holding what I consider a $300,000. a year position. Not a position worth millions!

DST = Dont stay there

Anonymous said...

so this news and other events, such as closure of DST, are irrelevant for the health of our downtown. so civic minded people - unlike you - are right to be concerned about it.

obviously it is a big deal when the CBD (central business district, not "CBD" fake weed) is hemorrhaging jobs like ours has been for the past thirty years. the trend has not reversed. seriously, other than bar and restaurant jobs, which are not exactly the kind of job we want to chase after, there is not a jobs boom downtown despite all the debt chasing after downtown development.

can't have a CBD without jobs. just doing subsidized luxury dwellings is stupid.

Anonymous said...

Whippersnapper Wienie is back on the board.

KC said...

My daughter and hundreds more employees lost their jobs when the plan was to move downtown. Dumbass directors.

Super Dave said...

As I said also, this merger was going to kill this deal. My financial guru also said they would probably bail on the deal after the merger was announced.

Anonymous said...

Thanks, Dear Leader!

Anonymous said...

Trump will be back, don't worry, he'll run for the U.S. House in Florida and win in 2022, and the Republicans will take back the house and elect him speaker, and they'll impeach and convict Biden and Harris, and then he'll become president again.

Anonymous said...

Word coming out of city hall is there’s more businesses going to leave kc this year. A number of things like the worst school district in the country, unbelievably high murder rates, socialist cop hating mayor and a weak city clowncil and finally democratic leadership that hates big business.

Big business has learned that Kansas City is not where they want to be, too stupid and dangerous.

Anonymous said...

3:06 I like that idea! It’s brilliant!

Anonymous said...

Stupor duck...was your financial "guru" Bernie Madoff? Likely.

Anonymous said...

SOUNDS FAMILIAR

https://endeavor.org.gr/leading-through-crisis-with-marcello-claure/

Anonymous said...

@3:11 word out of city hall is that there will be more business coming in than leaving so....Big business doesn't care about anything you said.

Anonymous said...

Mayor McDrinkerson! Have you slept off your hangover? The city is becoming Mogadishu before our eyes, an inch of snow paralyzes the town, infrastructure is crumbling, and we're getting two killings a day. What's your plan?

Who am I kidding? The plan is more self-promotion, obviously!

YOU MUST READ WHAT THIS GUY said...


Here's MY prescient prediction:

Waddell & Reed is waiting out the market crash. Then it will come back to KC / MO with more developer demands for a far better deal to resume its relocation.

It will be the first investment decision by W&R in some time that they can be proud of.

KCJd said...

Of course businesses are going to leave.

We're in an economic downturn, there's no surprise about that.

But what new businesses will come to downtown KC?

That's the billion dollar question?

I'd like to hear an answer to that in this economy.

Anonymous said...

Hahahaha 3:31: "word out of city hall is that there will be more business coming in than leaving so....Big business doesn't care about anything you said."

A. Trusting City Hall
B. Not learning from W&R not to take business' word as gospel
C. Wearing your toupee at an angle

(All the stupid things you've done today)

Anonymous said...

DST Systems was a bunch of unsocial, politically incorrect, racist, angry and rude narcissistic white male managers that would have been fired the first week (as a hiring mistake) at any other company. But at DST they could lie, cheat, try to fire people without cause, date the loose girls in their departments that wore evening gown (yes) to work showing off their boobs, and even smoke in the office - DST gave out company ashtrays! Plus these dudes all graduated from Rockhurst (not Harvard) so they were warped!

Good riddance DST and W & R.

Anonymous said...

Gongs don't count as businesses.

Anonymous said...

And yet downtown is fine. Weird.

Anonymous said...

And yet outside the zoo it's not. SO weird.

Anonymous said...

You mean to say that businesses are ALWAYS going to act in the best interests of their bottom lines, owners, and shareholders?
And not make decisions based on the promises they might have made to clueless local elected officials?
Shocking!
Nobody tell smiley selfies Lucas and the gang. You wouldn't want to spoil their fantasy about being big movers and shakers and developers.
Another half-empty or unfinished building in vibrant diverse exciting downtown KCMO.
How much of this "success" can the taxpayers continue to support?
Sad.

Bandit said...

BREAKING: Texas To Re-Open 100% And Abolish Mask Mandate March 13…

https://www.nbcdfw.com/news/local/texas-news/abbott-to-make-statewide-announcement-tuesday-in-lubbock/2567387/

Meanwhile the teacher's unions and China are playing Resident Asterisk like a violin.

Reasonable said...

No need to move if your company ceases to exist.

Bandit said...

We tried to tell you bedwetters that this would happen. You wouldn't listen because you are supposedly smarter than everyone else. STFU and deal with the consequences. You aren't going to undo what you've done whether you want to or not.

Anonymous said...

Any chance they would reconsider if the City agreed to put a streetcar line in front of their proposed building?

Anonymous said...

Streetcar Fail – wonder if that jerk at CityScene KC will pick up on this story?

Anonymous said...

It was very predictable considering that every business downtown has to be bribed with tax payer dollars and incentives to get them here and keep them here in the first place, once the big business makes shit tons of money and the free taxpayer handouts are gone so are they.

Killa shitty is the laughing stock amongst big businesses.

Anonymous said...

Kansas City, MO is done. The growth, the future is Johnson County, Miami County, Lee's Summit...

Trotter said...

Thank you 2:04... that is why I keep coming back to this site. It's like panning for gold, you have to throw away and deal with so much crap just to try to find a little scrap of gold.

Bandit said...

Get a fork! Guido is done!

https://www.dailymail.co.uk/news/article-9314253/Hillary-Clinton-backs-investigation-sexual-harassment-allegations-against-Gov-Andrew-Cuomo.html

不不不不不不不不不不不不

Anonymous said...

Crime due to the African Americans in that area has scared of all but the hippest trendy skittle warriors. You can put a fork in that section of town. It's done for good.

Anonymous said...

can't have a CBD without jobs. just doing subsidized luxury dwellings is stupid.

eb-5 stage set.

Anonymous said...


Build That Wall! ... along Troost.

Anonymous said...

"There’s a lot of confusion amongst EB5 stakeholders about how long permanent jobs that are created by EB5 investors need to last....So the key words are “expected to.” Jobs that are expected to last at least two years is what captures the concept...Consistent with prior policy, jobs that are expected to last for at least two years generally are not considered intermittent, temporary, seasonal, or transient in nature. So that language made it exactly into the policy manual." https://greencardbyinvestment.com/blog/eb5-job-creation-two-years-expectation/

Anonymous said...

Another major business says no to KCMO. You think this is because of COVID? LMAO. No business in their right mind would move to KCMO. High crime, drug use, tent cities, and on track to beat last year's record homicide rate. Mayor Drunkard and his council cronies sounded the death knell. We are now going to watch it quickly become a boarded up, burned out ghetto like Detroit. It's just a matter of time.

DramavilleKC said...

Ha ha ha. Keep telling yourself that. Go back to sucking free dicks.

Bandit said...

That Democrat thing seems to be going very well for Kansas City. 不巨遲

Anonymous said...

That stupidity thing seems to be going very well for you.

Anonymous said...

Get Woke go Broke. Only have two.chiices in this country Karencrats or Republicans. The Karen's have ran KC for how many years ? Hey, how about a change ? Could get anh worse.

Anonymous said...

Holy cow, maybe potential businesses aren't thrilled by the boy mayor raising his fist and hooting along with rioters.

Who'da thunk it?

Bandit said...

This train wreck is entertaining as hell to watch.

Anonymous said...

"But at DST they could lie, cheat, try to fire people without cause, date the loose girls in their departments that wore evening gown (yes) to work showing off their boobs"

BRING BACK DST - SOUNDS LIKE A GREAT WORK ENVIRONMENT - LOOSE GIRLS AND BOOBS MAKES WORK FUN !!

Anonymous said...

Sounds like DC

Anonymous said...


When the Mayor of Kansas City is screaming "No Justice, No Hair Piece" and is kneeling with the BLM homosexual leader and ANTIFA fags while shitting on KCPD; no one wants to locate a multi-billion business in a City run like a juvenile detention center.

Anonymous said...

3:43: You left out DST's screwing their employees through their 401(k) plans. A friend got screwed out of more than $12K; this week he found out he'd get a little over $2K in a settlement.

DST is trash.

Anonymous said...

Kc is being cancelled! Hahahahaha!

Anonymous said...

Has anyone seen the latest homeless tent city in Westport that seems to be getting bigger daily? Thanks Mayor Q. Your city has really come a long way!!! (sarcasm)

Bri said...

Hahaha EAT SHIT, LUCAS

Bri said...

Yep. It’s been dying for years now.