wnyc.org / 93.9fm / am 820

Closing Arguments Heard in Bear Stearns Trial

by Lisa Chow

November 06, 2009

Closing arguments have wrapped up in the first criminal trial of former Wall Street executives related to the subprime mortgage crisis. Ralph Cioffi and Matthew Tannin are accused of misleading inves....

Former Hedge Fund Boss at Bear Stearns Testified Against Executives

by Lisa Chow

October 27, 2009

The former hedge fund boss at Bear Stearns took the witness stand yesterday, in the first criminal trial of Wall Street executives related to the subprime mortgage meltdown. Greg Quental testified as....

Former Bear Stearns Execs to Testify in Trial

by Lisa Chow

October 26, 2009

Two former Bear Stearns executives are expected to testify this week in the first criminal trial related to the subprime mortgage meltdown. WNYC's Lisa Chow reports. REPORTER: The government is cal....

Trial of Former Bear Sterns Hedge Fund Managers Continues

by Lisa Chow

October 16, 2009

Opening statements continued yesterday in Brooklyn, in a trial of two former Bear Stearns hedge funds managers. The men are the first Wall Street executives to be criminally charged in a case stemmin....

Former Bear Stearns Employees Accused of Misleading Investors

by Lisa Chow

October 15, 2009

The trial of two former Bear Stearns hedge fund managers got underway in a Brooklyn federal courthouse yesterday. The U.S. government says Ralph Cioffi and Matt Tannin misled investors. When their he....

Bear Stearns Jury Selection Begins

by Lisa Chow

October 14, 2009

The U.S. government makes its opening statement today in its case against two former hedge fund managers from the now defunct investment bank Bear Stearns. The government accuses the men of misleadi....

NY Attorney General: Strip State Comptroller of Pension Fund Control

by Lisa Chow

October 09, 2009

New York's single largest asset is the state's pension fund, nearly $120-billion that supports retired state and municipal employees. Now, state Attorney General Andrew Cuomo is calling for a fundam....

Attorney General Seeks to Change Pension Fund Management

by Lisa Chow

October 08, 2009

Attorney General Andrew Cuomo is looking to radically change the way the New York State pension fund is managed as his office investigates an alleged kickback scheme at the fund. CUOMO: For literall....

City Leaders Call to Stop Excessive Ticketing on Small Businesses

by Lisa Chow

October 08, 2009

Democratic mayoral nominee Bill Thompson has criticized the Bloomberg administration for excessively ticketing small businesses. Now, some city council members are siding with Thompson and trying to ....

Financial 411: Prepaid Debit Cards’ Hidden Fees

by Lisa Chow

October 06, 2009

If you don’t have a checking account, maybe you’re using a prepaid debit card to buy stuff online, get cash from an ATM, or pay your bills. New York Times reporter Andrew Martin talks about the p....

Analyst: Manhattan Real Estate Market to Continue Slide

by Lisa Chow

October 02, 2009

If you thought you missed the boat when it comes to buying at the bottom in Manhattan's real estate market, some analysts say, don't worry, you haven't. WNYC's Lisa Chow reports. REPORTER: Your brok....

Five Weeks Before the Election, Thompson Still Introducing Himself

by Lisa Chow

September 30, 2009

Bill Thompson, the Democratic nominee for mayor, has been involved in New York City politics for more than 30 years. He's been Chief of Staff for a New York congressman, a Deputy Borough President,....

Comptroller Bill Thompson to Face Bloomberg

by Lisa Chow

September 16, 2009

City Comptroller William Thompson cruised to victory in the Democratic mayoral primary, defeating Tony Avella, a city councilman from Queens. Thompson will now face incumbent Mayor Michael Bloomberg....

Comptroller Thompson in Final Push for Mayoral Primary

by Lisa Chow

September 14, 2009

City Comptroller Bill Thompson made a final push before Tuesday's Democratic primary for mayor, stopping by street fairs in the Bronx and Queens yesterday. THOMPSON: We need to say good bye adios to....

Debate Over Obama's Plan to Reform the Financial System

by Lisa Chow

September 14, 2009

President Obama's plan to rewrite the rules for the U.S. financial system is provoking debate. The president proposed shareholders have a vote on the salaries and bonuses of top executives at financi....

NYC Sewage Operations Win $220 Million in Stimulus Funding

by Lisa Chow

September 08, 2009

New York City's sewage operations will get freshening up, through $220 million in federal economic stimulus money. With the funds, which are coming to the city through Albany, the city will upgrade ....

New York Students Get Ready for School

by Lisa Chow

September 07, 2009

Getting out the recession hinges, largely, on whether consumers feel confident to start shopping again this fall. On this Labor Day, parents were out looking for back-to-school supplies and clothes ....

Recession Has Employers Violating Minimum Wage Laws

by Lisa Chow

September 04, 2009

The State Department of Labor says since the recession began, New York employers are increasingly violating minimum wage laws to cut costs and economize. This confirms the findings of a new report, w....

Report Finds Low Wage Workers Stiffed

by Lisa Chow

September 04, 2009

A new report on low wage workers in New York, Chicago, and Los Angeles found more than two thirds of those interviewed were paid less than what they were legally owed for the work they did the previo....

Mixed Results in NYC Comptroller's Pension Report

by Lisa Chow

September 03, 2009

The New York State Comptroller has released performance data on 12 investment funds under investigation by state and federal regulators. Those funds manage public pension money. WNYC's Lisa Chow repo....