Category: Blog

Gov. Andrew Cuomo hasn't yet settled (or announced) a financing plan for the Tappan Zee Bridge reconstruction project. But Europe's recent experience highlights the perils of relying solely (or significantly) on ever-higher tolls. In Continental E Read More

A big wheel at Deutsche Bank, chief risk officer and board member Hugo Bänziger, has some portentous thoughts about banking (and therefore, about New York City and State finances) in today's FT. Read More

On Saturday, the state-run Metropolitan Transportation Authority (MTA) got the terms of its new $47.5 million contract with the Amalgamated Transit Union, which represents 3,000 bus drivers in Queens and Staten Island. Read More

The fact that markets are flat after la crise JPMorgan Chase came to light -- and that JPM stock is down only 7.3 percent as of this writing -- shouldn't be a comfort to anyone. Read More

SNL Financial has out analyzing Wall Street firms' latest results, which trickled in last week. One verdict to take away (although the analysts do not directly draw this conclusion): Wall Street could be smaller and more volatile. That's not Read More