State Street Gets $885 Million Federal Tax Refund

03:55

April 14, 2011

As Tax Day approaches Monday (or Tuesday, in Massachusetts — thanks, Patriot's Day), millions of Americans are scrambling to file and hoping they get a nice, big refund from Uncle Sam.

The State Street building in Boston. (Jerry_J/Flickr)

State Street Corporation, the Boston-based financial services giant, did. To the tune of an incredible $885 million. And that's after posting a $1.6 billion profit this year.

Guests:

Beth Healy, business reporter, Boston Globe

This segment aired on April 14, 2011.