Aetna Inc.

Hartford Lost Aetna, New York Didn't Win It

Hartford Lost Aetna, New York Didn't Win It

Aetna CEO Mark Bertolini was right. Of course Hartford can't compete with New York City as a global corporate headquarters with Gotham's vast array of resources — law firms, accounting firms, regulatory bodies, financial markets, national and international hub airports, universities, media, sports and entertainment, and on and on.

But, interestingly, none of Aetna's prime health insurance and health care competitors is headquartered in New York City. Aetna's move didn't have to be. Connecticut and Hartford have great assets in the knowledge economy and a better quality of life for most employees than New York City. New York didn't win it, we lost it.

We have no one to blame...