Someone asked Mayor Bloomberg what he thinks of Occupy Wall Street, and : What they're trying to do is take the jobs away from people working in this city. They're trying to take away the tax base we have because none of this is good fo Read More
Tag: Wall Street
Nicole Gelinas has in the New York Post today on the sinking fortunes of New York City's financial sector. Her message: Thanks to Washington’s support for big banks, New York City has been a cocoon of prosperity compared to Read More
The on Wall Street are casting a cloud over New York State's financial projections. Governor Andrew Cuomo's , unveiled in February, assumed stock values would grow this year by 13.4 percent. This assumption was not changed in the Enacted Budget Fina Read More
New York State's 2010-11 2011-12 fiscal year appears to be off to a good start. Tax collections for the first quarter of the year were nearly $800 million above Governor Andrew Cuomo's initial budget projections, according to the June cash report posted today by state Comptroller Thomas DiNapoli. Read More
"Wall Street plans to get smaller this summer," the New York Times today. "Faced with weak markets and uncertainty over regulations, many of the biggest firms are preparing for deep cuts in jobs and other costs." This would have signif Read More
New York's public-sector unions love to bash Wall Street, demanding punitive new taxes on investment banks as the solution to every fiscal problem. In fact, the financial sector "oligarchy" and the "new Tammany Hall" of the public-sector labor movement... Read More
Sen. Chuck Schumer says he could be all for Deutsche Borse buying the New York Stock Exchange ... so long as the New York Stock Exchange name comes first. "The New York Stock Exchange is one of the most trusted, preeminent brands in the financial world... Read More
Noting a reported increase in wealthy households in the New York City metropolitan area, Robert Frank of the Wall Street Journal is mystified that "New York still has huge budget problems given the wealth surge in 2009 and much-publicized tax burden... Read More