In my  yesterday, I linked to a Transport Workers Union (TWU) narrative from the union's website that said the TWU's leadership had walked "the length of the parade arm in arm" during last month's Labor Day parade in Brooklyn with Democratic mayo Read More

The Transport Workers Union (TWU) local 100, which represents most Metropolitan Transportation Authority (MTA) union workers in the city, has launched a "no contract, no peace" effort to push the MTA into dropping its lawsuit against the state's re Read More

Xerox (ACS) for $6.4 billion. Why? Partly because ACS does a lot of work for government entities, processing Medicare benefits and all kinds of other stuff. Big businesses -- including Xerox and ACS competitor IBM, which is running ads all over p Read More

Some states are being more stimulated than others. February's stimulus package included something called "Build America Bonds." Under the program, states can issue taxable debt to bondholders to raise money for infrastructure projects, rather than i Read More

Unlike other states, New York has avoided massive layoffs and furloughs of public employees to close recurring budget gaps. That could change. Newsday : Gov. David A. Paterson and some lawmakers are raising the spect Read More

Sometimes the credit crisis seems like last year's news. At least, you would think so if you looked at projected Wall Street bonuses and New York City and State public spending. But a new Moody's report shows how the crisis continues to impact Read More

Next week's Democratic primary runoff for New York City comptroller--a choice between two City Council members--is both more interesting and more important than it might appear on the surface, Nicole in the New York Post.   She notes that Read More

The Empire Center has posted the annual salaries of 179,000 local government employees in New York, including a retired Town of Clarkstown police officer Thomas Purtill who took home $543,416 during a 12-month period. Read More

The Fed and President Obama got the headlines they wanted. The NYT wrote Friday that the Fed will propose "," while the WSJ said that "." The rules could mean a change in the mechanics of financial compensation, and thus for Read More

State and local governments increased their borrowing by 8.3 percent on an annualized basis between April and June, according to the Fed flow of funds . While the number isn't eye-popping against the past decade's history, what's unusual is that stat Read More

The Federal Reserve is to regulate compensation by the nation's largest banks -- including, inevitably, some big New York firms now raking in big profits thanks to government bailouts. The upshot for Governor Paterson and state lawmakers in Albany Read More

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