Bob Hennelly

New York, NY —

Two former Bear Stearns executives have been indicted on federal fraud charges that alleged they deceived investors about the status of two off-shore hedge funds that ultimately collapsed last year, costing investors $1.4 billion. WNYC's Bob Hennely has more.

REPORTER: Federal prosecutors said they were not ...

New York, NY —

Matthew Tannin and Ralph Cioffi were indicted for securities fraud in connection with the meltdown of two off-shore hedge funds that were valued at $1.4 billion. The failure of the funds, coming at the same time as a weakening economy, was the first in a ...

New York, NY —

Two former Bear Stearns executives at the center of the failure of two off shore hedge funds plead not guilty to federal fraud and conspiracy charges.

WNYC's Bob Hennelly has this report.

Ralph Cioffi, 52, of Tenafly, New Jersey and 46-year-old Matthew Tannin of Manhattan were released ...

New York, NY —

City Council members say a budget deal with Mayor Michael Bloomberg is still at least a week away. WNYC's Bob Hennelly has this update on negotiations.

REPORTER: Keeping promises of property tax relief and restoring hundreds of millions in education cuts is proving to be a ...

New York, NY —

This week in Trenton lawmakers are filling in the fine print on their budget deal with Gov. Jon Corzine.

As WNYC's Bob Hennelly reports state workers have a keen interest in those details.

The preliminary $32.8 billion budget less money than this year. Still at issue is ...

New York, NY —

For years the state legislature has taken a get-tough approach in matters of juvenile justice. As a result, New York is now one of only two states in the country that treats offenders over 16 as adults. But now it appears that attitudes might be ...

New York, NY —

Roughly 2,800 members of the New Jersey National Guard are gathering at Fort Dix for a farewell ceremony before they head to Iraq. WNYC's Bob Hennelly reports:

REPORTER: The first stop will be Texas' Fort Bliss, where soldiers will receive two months of training before heading ...

New York, NY —

The New York State Police have confirmed that the work of one of their top forensic scientists - who recently committed suicide - is now under scrutiny. WNYC'S Bob Hennelly has more.

REPORTER: State Police Lt. Glenn Miner told WNYC his agency is now identifying the ...

New York, NY —

Hundreds of New Jersey's public employees protested outside the state house over pension reforms that lawmakers are proposing in budget talks.

WNYC's Bob Hennelly has this update.

The legislature and Gov. Jon Corzine are now just tens of millions of dollars apart on how best to balance ...

New York, NY —

Police say they've made significant progress investigating the spate of gun violence over the Memorial Day weekend, in neighborhoods that have gotten used to record low crime. WNYC's Bob Hennelly has this update.

REPORTER: There have been four arrests in the 11 homicides and police say ...

New York, NY —

Sen. Hillary Clinton had early backing from most of New Jersey's top political officials during the primaries, but last night two previously neutral superdelegates, Sen. Frank Lautenberg and U.S. Rep. Rush Holt, endorsed Barack Obama.

Morristown resident Alfred Lyle says that, as an African American he ...

New York, NY —

First there was the 311 citywide help line to try and make New York user friendly.

Now, Mayor Michael Bloomberg and Public Advocate Betsy Gotbaum are rolling out a customer service survey to 100,000 randomly picked city households.

The questionnaire asks New Yorkers how they feel about ...

New York, NY —

New Jersey Democratic Senator Frank Lautenberg easily turned aside a spirited challenge from Camden Congressman Rob Andrews. WNYC's Bob Hennelly has more on the Garden State's primary results.

REPORTER: In the final analysis New Jersey Democrats chose by an almost two-to-one margin that the 84-year-old Lautenberg ...

New York, NY —

For months Mayor Michael Bloomberg let speculation build about a possible independent bid for the presidency.

Now he is back at building suspense but this time it was about which candidate he might support in the fall.

BLOOMBERG: We all pick our candidates based on instinct as ...

New York, NY —

Senator Frank Lautenberg has been fighting charges that he's too old, as he tries to win reelection. New Jersey voters head to the polls tomorrow to decide who should run in November for U.S. Senate, the House, and scores of other races. With us now ...

New York, NY —

The Bloomberg Administration and the City University of New York are in behind the scenes talks to resolve a dispute over how to pay for the reconstruction of a college building adjacent ...

New York, NY —

The long presidential nomination battle may be worrying national Democratic officials. But party leaders in New Jersey say excitement about the Garden State's early primary led hundreds of thousands of new Democrats to register. WNYC's Bob Hennelly has more.

Just recently Senator John McCain, the presumptive ...

New York, NY —

Hundreds of Harlem residents met last night to talk about the Memorial Day shooting spree that left six teens wounded.

Assemblyman Keith Wright says it will take engaged parents to break the cycle of teen gun violence.

WRIGHT: I was more scared of my mother and ...

New York, NY —

A state judge has ruled that the NYPD must turn over a copy of the data base it amassed as part of its controversial "stop and frisk" program to the New York Civil Liberties Union. WNYC's Bob Hennelly has more.

The NYPD has documentation of the ...

New York, NY —

The radio call-in debate featured sharp exchanges between the 84-year-old Senator Frank Lautenberg and 50-year-old Congressman Rob Andrews over Lautenberg's ...