Massachusetts governor Deval Patrick
already tried to take on Fidelity
] over its plans to shut an office, and now the Massachusetts legislature is taking a swing.
The Boston Globe
's Todd Wallack reports
that lawmakers, including State Senator Mark Montigny
(D-New Bedford), will hold their hearing this morning on the targeted tax breaks that Fidelity (and others) have received to spur job creation in the state.
Fidelity president Ronald O'Hanley
will speak for the Boston Behemoth, which recently revealed that it will shutter its 1,100-employee Marlborough, Massachusetts operations by the end of next year and move the jobs mostly to New Hampshire and Rhode Island (as well as Boston). O'Hanley even offered a preview of his testimony.
"We have chosen to be here and we are one of the few large national companies that are headquartered in Massachusetts," O'Hanley reportedly said. "Massachusets remains very important to Fidelity and we hope and believe Fidelity will continue to be important to Massachusetts.
Neil Anderson, Managing Editor
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