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 live. Sign up today for premium content.
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

Pension disaster makes states and cities into financial basket cases 4 Jan 2010
Divorcing and re-marrying to collect a pension 20 Oct 2009
Lehman pension shortfall is a foreshadowing 23 Sep 2008

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 live. Sign up today for premium content.
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: 2010-03-22 – Hugh Hendry, Simon Johnson and Alan Greenspan 22 Mar 2010
Links: 2010-01-12 12 Jan 2010
Links: 2010-02-27 – IMF in Greece, New York in disrepair and more 27 Feb 2010

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 live. Sign up today for premium content.
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: 2009-06-29 29 Jun 2009
News from around the web: 2009-10-03 3 Oct 2009
Links: 2010-01-16 16 Jan 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 live. Sign up today for premium content.
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

Expect bankruptcy in the record Stuyvesant Town real estate deal 25 Oct 2009
State tax revenue down 26% in 2009 18 Jun 2009
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 live. Sign up today for premium content.
The politics of economics originally appeared on Credit Writedowns

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

Related Posts No related posts.

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 live. Sign up today for premium content.
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

Looking for a bottom in Manhattan real estate 6 Mar 2009
Manhattan real estate in freefall 22 Feb 2009
Manhattan real estate now getting decimated 2 Jul 2009

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 live. Sign up today for premium content.
Felix Rohatyn on Charlie Rose originally appeared on Credit Writedowns

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

Related Posts

Chart of the day: the largest bankruptcies in US history 18 Sep 2008
Lehman was bankrupt 15 Oct 2008
Twitter founder Evan Williams on Charlie Rose 4 Mar 2009