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
Jay Walder, Gov. Paterson's pick to head the Metropolitan Transportation Authority, took questions from Democratic senators today ahead of their Thursday vote on his nomination. Of interest: Walder's views on private-public partnerships and whethe Read More
The MTA's continued funding woes aren't just hurting mass transit riders and downstate taxpayers. They're hurting New York's ability to keep its bridges and tunnels in reasonable repair. Bond analysts at Fitch may downgrade the debt backing the Tr Read More
Gov. Paterson's pick to run the MTA, Jay Walder, took questions from state senators yesterday on Long Island ahead of his confirmation vote next Thursday. Senators will hold a second hearing (in Harlem) next Tuesday. Here's hoping that they do a b Read More
The New York Times has about city and state or "moderate-income housing." The head of New York State's Housing Finance Agency, Priscilla Almodovar, said one aspect of the plan will involve using the state's credit to guarantee mortgages fo Read More
The Metropolitan Transportation Authority (MTA) has notified board members that the state-run authority has decided to petition a state judge to vacate state arbitrators' recent to the Transport Workers Union, which called for 11.3 percent raises 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
What issue got 2,000 rural upstate New Yorkers fired up enough to rally Sunday (under threatening skies) in opposition to a bill sponsored by who represents many of them in Congress? . Read More