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Thomas Dinapoli

Corporate Welfare Fails to Deliver the Jobs: The Sad Case of Start-Up NY

Lawrence Wittner | Posted 05.27.2016 | New York
Lawrence Wittner

For several decades, state and local governments have been showering private businesses with tax breaks and direct subsidies based on the theory that this practice fosters economic development and, therefore, job growth. But does it?

Over Half Of New York Can't Afford To Pay The Rent

The Huffington Post | Christopher Mathias | Posted 03.12.2014 | Business

A new report confirms what New Yorkers have known for years: the rent really is too damn high. Over 50 percent of New York state residents pay ren...

State Comptroller Warns Of Seriously Weakened Financial Systems Throughout New York

The New York Times | Posted 08.02.2012 | New York

Local governments across New York State are collecting less in taxes, burning through their cash reserves and running up deficits, according to a repo...

The Best Congress the Banks' Money Can Buy

Bill Moyers | Posted 06.09.2012 | Politics
Bill Moyers

After months of haggling and debate, Congress finally passes reform legislation to fix a serious rupture in the body politic, and the president signs it into law. But the fight's just begun, because the special interests immediately set out to win back what they lost when the reform became law.

Port Authority Cops Earning Over $200,000

Posted 12.09.2011 | New York

Dozens of rank-and-file Port Authority cops are earning more than $200,000 in 2011 thanks to overtime. According to NBC New York, one sergeant has...

William Alden

Prospect Of U.S. Credit Downgrade Has Local Governments On Edge | William Alden | Posted 09.27.2011 | Business

NEW YORK -- For municipalities struggling to get their finances in order and for the professionals who oversee their investments, the battle being wag...

Cuomo and Duffy's Tax Returns Show Incomes Over $200,000

Posted 06.19.2011 | New York

New York state's top two state officials both earned more than 200,000 dollars in 2010, according to a report from The Albany Times Union. Governo...

Wall Street's Average Bonus Falls, But Still Sky-High

Posted 05.25.2011 | Business

NEW YORK -- Wall Street paid an average cash bonus of $128,530 in 2010, down 9 percent from the previous year, as financial reforms prompted a shift t...

Bloomberg Tackles Pensions

Henry J. Stern | Posted 05.25.2011 | New York
Henry J. Stern

In the classic tug of war between labor and management over wages and pensions, the unions' political strength has driven management into the mud of deficit and despair.

Wall Street Buoyed by Prospect of Bush Tax Cut Extension, Bonuses

Amanda Benchley | Posted 05.25.2011 | New York
Amanda Benchley

Nobody was watching President Obama on CNN during Happy Hour at the PJ Clarke's in the World Financial Center.

Now You See It, Now You Don't: Plugging the Gaps in New York's State Budget

Vegas Tenold | Posted 05.25.2011 | New York
Vegas Tenold

Last spring, while the New York legislature stubbornly refused to agree on a budget, Richard Ravitch came up with a plan to rein in the state's out of control deficit. It was a tough sell.

William Alden

Public Pension Funds 'Borrowing In Disguise,' Projecting HUGE Returns | William Alden | Posted 05.25.2011 | Business

Public pension funds could be in a much bigger hole than they're admitting. And facing up to more realistic numbers won't be easy. Across the count...

A Final Thought on Carl Paladino: Thanks for Nothing

Dan Collins | Posted 05.25.2011 | New York
Dan Collins

As the sun sinks on Paladino's political career, say goodbye to one of the worst candidates for major office in the history of New York politics. Farewell, Carl. We will not see your like again. Let's hope.

Last Minute NYC Voter Guide

The Huffington Post | Simon McCormack | Posted 05.25.2011 | New York

All of the punditry, mudslinging and sanity rallying has come down to this: The 2010 midterm elections. We've got your New York City guide to the can...

New York's Sexy Race For State Comptroller

Dan Collins | Posted 05.25.2011 | New York
Dan Collins

Forget the likes of Carl Paladino, Andrew Cuomo and Chuck Schumer. The most interesting race on the ballot for those of us in New York City is the one for state comptroller.

Sleeper Candidate?

Henry J. Stern | Posted 05.25.2011 | New York
Henry J. Stern

The next eight weeks will show us whether the Republican candidate for comptroller can ignite widespread feelings against incumbency and the public demand for fiscal responsibility into support.

Today's Front Pages: August 9

Posted 05.25.2011 | New York

Top headlines....

Coal in for a Bumpy Ride and a Final Decline

Anne Butterfield | Posted 05.25.2011 | Denver
Anne Butterfield

In the past three weeks, our nation crossed a line in how we think about coal, and it now seems coal's long flight of dominating how we produce electricity has embarked on a final decline.

MTA, City & State to Students: Drop Dead

Michael Gould-Wartofsky | Posted 05.25.2011 | New York
Michael Gould-Wartofsky

Today, the MTA launches a whirlwind tour of public hearings citywide. These hearings will be the first of their kind since 585,000 student straphangers learned they would lose subsided fares.

Wall Street Bonuses Up 17%, Pay Hits 'Unprecedented' Level, Says NY State Comptroller Thomas DiNapoli

Posted 05.25.2011 | Business

ALBANY, N.Y. (By Michael Gormley, Associated Press) - Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed o...

Comptroller DiNapoli Says Public Schools Have $615 Million Stashed That They Cannot Touch

Crain's New York Business | Posted 05.25.2011 | New York

A state audit found New York public schools have been socking away hundreds of millions of dollars in reserve accounts that they can't touch now in th...

I Read the News Today, Oh Boy

Dan Collins | Posted 05.25.2011 | New York
Dan Collins

It's hard to believe anyone with leadership and public spirit would be willing to hang around Albany. Cynicism and despair aren't going to get us anywhere, but there are days when you find it hard to feel anything else.

State Comptroller's Medicaid Audits Find $100 Million In Waste | Posted 05.25.2011 | New York

Audits conducted by State Comptroller Thomas DiNapoli show that New York State has lost nearly $100 million in billing errors and waste in Medicaid....

Comptroller DiNapoli: New York Running $4.1 Billion Budget Deficit | DANNY HAKIM | Posted 05.25.2011 | New York

Deteriorating economic factors have propelled New York State's projected budget deficit to $4.1 billion, according to the state's comptroller, who war...

Charles Hynes, Brooklyn DA, To Lead ACORN Investigation

Newsday | James T. Madore | Posted 05.25.2011 | New York

State officials are letting Brooklyn District Attorney Charles Hynes take the lead on investigating ACORN, though state money going to the group has b...