Credit Writedowns » New York

New York pension scandal as some collect more in benefits than final salary

Edward Harrison — Mon, 24 May 2010 14:28:28 +0000

New York is one of the states at highest risk of default and budget cuts are coming. However, for now, those cuts will be limited to service cuts, dismissals and furloughs. Public sector pensions remain an intractable issue that will move center stage when states and municipalities in the US realize that they can’t meet

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
New York pension scandal as some collect more in benefits than final salary originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Divorcing and re-marrying to collect a pension 20 Oct 2009
Pension execs connect pension problems to hiring 29 Dec 2009
Pension disaster makes states and cities into financial basket cases 4 Jan 2010

Links: 2010-04-16 Capital flight and amazing pictures of New York and Iceland

Edward Harrison — Fri, 16 Apr 2010 21:14:12 +0000

Links of the day Greek wealth finds a home in London | The Guardian Wary of a Bubble at Home, Chinese Diversify by Buying in Singapore – NYTimes.com DIRTY, DANGEROUS & DESTITUTE | NEW YORK IN THE 70s – ALLAN TANNENBAUM « The Selvedge Yard Iceland’s disruptive volcano – The Big Picture – Boston.com

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Links: 2010-04-16 Capital flight and amazing pictures of New York and Iceland originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Links: 2010-02-27 – IMF in Greece, New York in disrepair and more 27 Feb 2010
Links: 2010-02-13 – FDIC, Iceland, LA bankruptcy and more 13 Feb 2010
Who is the next Iceland? 6 Jan 2009

Links: 2010-02-27 – IMF in Greece, New York in disrepair and more

Edward Harrison — Sat, 27 Feb 2010 17:47:54 +0000

A parable about how one nation came to financial ruin. – By Charles Munger – Slate Magazine New York State of Disrepair – WSJ.com Liz Pulliam Weston: Broke? Calculate your debt ratios – MSN Money Federal Reserve talk belies likely action on money supply – Bill Fleckenstein Why the IMF should deal with Greece –

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Links: 2010-02-27 – IMF in Greece, New York in disrepair and more originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Links: 2010-02-11 – Greece, snow’s effect on jobs report and more 11 Feb 2010
Links: 2010-02-10 – Greece, Google and Germany 10 Feb 2010
Links: 2010-02-15 – Bayh, Greece, Palin and Kevin Smith 15 Feb 2010

New York to use eminent domain to build a basketball stadium

Edward Harrison — Wed, 25 Nov 2009 15:05:32 +0000

The New York State Court of Appeals has ruled that the Atlantic Yards basketball project can go forward as planned, dislocating the residents in the Brooklyn, NY area where the stadium is to be built. In essence, the decision means the state can evict you from your own home, seize your property, and give you

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
New York to use eminent domain to build a basketball stadium originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

UBS: New York Attorney General to file suit 23 Jul 2008

The politics of economics

Edward Harrison — Mon, 09 Nov 2009 16:20:54 +0000

In the wake of a few significant elections in the American states of New York, New Jersey and Virginia, a lot of pundits are putting their spin on what these elections mean for Barack Obama and his political agenda. On the whole, I find most of the conclusions partisan leaps of faith. So, I wanted

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
The politics of economics originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Daniel Kahneman speaks about Behavioral Economics at Georgetown graduation 7 Jun 2009

Expect bankruptcy in the record Stuyvesant Town real estate deal

Edward Harrison — Mon, 26 Oct 2009 02:08:36 +0000

Three years ago, MetLife agreed to sell the community of Stuyvesant Town (Peter Cooper Village) to Tishman Speyer and BlackRock for the exorbitant sum of $5.4 billion at the top the market. That deal has now gone completely pear-shaped and bankruptcy is expected soon in another bizarre chapter in the history of one of the

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Expect bankruptcy in the record Stuyvesant Town real estate deal originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Six Flags: setting the record straight on bankruptcy 15 Jun 2009
Commercial real estate is next 9 May 2008
Commercial Real Estate bust 22 Apr 2008

Felix Rohatyn on Charlie Rose

Edward Harrison — Sun, 08 Mar 2009 17:52:06 +0000

Rohatyn, a Democrat, talks about the role of government in crisis, infrastructure spending and lessons from New York City's near economic collapse n the 1970s from his perspective. Royatyn is widely credited with saving New York City from bankruptcy. His tale makes for a good precedent for today's economic woes

Credit Writedowns Pro is now live. Sign up today for monthly or yearly subscriptions.
Also read our News Feed for the latest financial and economic news.
Felix Rohatyn on Charlie Rose originally appeared on Credit Writedowns

Links: RSS - Daily - Weekly - Twitter - Facebook - Contact
Credit Writedowns Feed # abf0d081857b85fe6be494728740a4f1

Related Posts

Jeff Bezos of Amazon on Charlie Rose 3 Mar 2009
IMF Head Dominique Strauss-Kahn on Charlie Rose 16 Feb 2009
Twitter founder Evan Williams on Charlie Rose 4 Mar 2009