An calls for "the world's richest bank" -- that would be Goldman Sachs -- to "give the taxpayer a bonus" and pass on $321 million that the bank is rightfully set to collect from New York City and State government. Goldman should hold its ground v Read More
Attention New York: on the eve (roughly) of the one-year anniversary of Lehman Brothers' collapse, a new report from J.P.Morgan in London opines that because of the effects of eight likely financial-regulatory changes worldwide, "what is certain ... Read More
Today's WSJ that "a stream of hedge-fund managers ... are quitting the U.K." as the nation levies a new tax rate of 51 percent on people earning more than $250,000 annually, starting next April. "We have reached a tipping point, in term Read More
Nicole has on the generous contract arbitration award to transit workers. Her lead sums it up nicely: THE MTA just managed to give away the store in the new Transport Workers Union contract -- and they couldn't have done it without Read More
UPDATE: My WOR radio interview on this topic with John Gambling is . A labor arbitration panel is prepared to award raises of nearly 12 percent over the next three years to Metropolitan Transportation Authority (MTA) employees represented by Loca Read More
JetBlue, which employs 800 people at its Queens headquarters, might move the facility out of state in two and a half years to escape New York's high cost of doing business, the Daily News . Read More
Now that a whole herd of horses has galloped out of New York's budgetary barn, Governor David Paterson has proposed shutting the door with an inflation-level cap on state spending. Read More
Mayor Bloomberg's 2010 Executive Budget proposal is being portrayed as "" -- but while the media and politicians focus on proposed spending reductions, a key measure of spending is actually rising at over twice the inflation rate. Read More