Wall Street reported nearly $3 billion in losses in the third quarter of 2011, reducing profits through September to $9.6 billion, which was well below forecasts, according to a recent analysis by the New York State comptroller. The comptroller estimates that Wall Street banks and smaller brokerages may cut some 10,000 jobs in New York City by the end of 2012.
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As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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