A gilded age mansion that once doubled as a conference center has been picked up for $6.5 million by a nonprofit group with strong ties to a Chinese real estate website.
Read More
While the leaders of the world’s largest economies debate stimulus and regulation in London, let us hope they do not forget the compelling questions of crime and punishment. Rooted in the most massive swindles in financial history, the global crisis offers an unprecedented opportunity to prosecute the criminals whose machinations steered us toward disaster—and to Read More
While the leaders of the world’s largest economies debate Read More
Here’s more of Michael Bloomberg discussing A.I.G. today. Bloomberg seemed to part ways with the White House’s tentative plans to tax the A.I.G. bonuses, saying, “It is certainly true that when you stat writing tax policy or anything else in the middle of everybody screaming, you tend not to get good results.” He went on, Read More
Here’s more of Michael Bloomberg discussing A.I.G. today.
Bloomberg seemed to part ways with the White House’s tentative plans to tax the A.I.G. bonuses, saying, “It is certainly true that when you stat writing tax policy or anything else in the middle of everybody screaming, you tend not to get good results.”
Michael Bloomberg sought to squash the idea, promoted actively by Bill Thompson, that he’s out of touch with common New Yorkers and too sympathetic to people like the A.I.G. executives who got million-dollar bonuses. “I understand the anger,” Bloomberg said as he interrupted a reporter’s question mentioning the angry public response to A.I.G. Read More
Michael Bloomberg sought to squash the idea, promoted actively by Bill Thompson, that he’s out of touch with common New Yorkers and too sympathetic to people like the A.I.G. executives who got million-dollar bonuses. “I understand the anger,” Bloomberg said as he interrupted a reporter’s question mentioning the angry public response to A.I.G. “But we Read More
Continuing with his recent shift from nice-guy comptroller to mildly indignant populist mayoral candidate, Bill Thompson has sent out an email to supporters hitting Michael Bloomberg for defending A.I.G., whose executive pay and bonuses amid this fiscal crisis have made them into a public piñata. “The entire country is outraged by AIG's taxpayer-funded bonuses. Everyone, Read More
Continuing with his recent shift from nice-guy comptroller to mildly indignant populist mayoral candidate, Bill Thompson has sent out an email to supporters hitting Michael Bloomberg for defending A.I.G., whose executive pay and bonuses amid this fiscal crisis have made them into a public piñata.
“The entire country is outraged by AIG's taxpayer-funded Read More
ALBANY—Campaign rhetoric in the race to replace Kirsten Gillibrand in Congress is all stimulus, all the time, with a big grounding on the headlines of the day.
Assembly Minority Leader Jim Tedisco is trying to cast Democrat Scott Murphy's support of the stimulus bill as a vote for liberal profligacy—there are no doubt Read More
