Ilya Marritz

Ilya Marritz appears in the following:

What Banks Want

Monday, October 20, 2008

Despite the recent meltdown, big financial institutions continue to lobby for less oversight and regulation.


Natural Gas Drilling Benefits Touted at Albany Hearing

Thursday, October 16, 2008

New York State sits atop huge reserves of natural gas, and energy companies want to start drilling as soon as possible. Yesterday supporters and opponents of drilling testified in Albany. WNYC's Ilya Marritz was there.

It's not every day that the legislature holds a hearing, and ...


Bricks and Mortar

Thursday, October 16, 2008

We hear how a Brooklyn contractor sees the financial crisis.


Bonds, Municipal Bonds

Tuesday, October 14, 2008

As New York City and the MTA postpone issuing millions of dollars of new bonds, we look at how the once stable bond marketplace has been affected by swings in global markets.


Got a Bloomberg Terminal?

Monday, October 13, 2008

Why you need one of Michael Bloomberg’s boxes to follow the market for credit default swaps. Also: as the Dow shatters 9,300, we explore the other indices that matter: the Libor and the TED spread.


About that $700 billion…

Friday, October 10, 2008

Lisa Chow explains the asset manager BlackRock, the most important New York company you’ve never heard of.


Time to Buy the Bank?

Thursday, October 09, 2008

Markets tumble again as the federal government considers whether to deploy the stock injection option and become a major shareholder in US banks.


Can Governments Do Anything to Reassure Markets?

Wednesday, October 08, 2008

After a wild day, Paulson’s remarks send the Dow down. Also: why local institutions’ assets are frozen.


Does Crude's Slide Mean Lower Home Heating Costs?

Tuesday, October 07, 2008

The federal government gives its best guess of the future cost of oil today. Also: Bernanke frets over the economy, and legislators grill AIG execs.


Former Lehman CEO Gets Grilled By Congress

Monday, October 06, 2008

Congreesmembers cited documents indicating Lehman steered millions of dollars to executives as the company was nearing bankruptcy.

One of two Republicans on the panel, Connecticut Congressman Chris Shays, says he shares Americans' disbelief about the size of some executive pay packages.

SHAYS: To those of us on ...


New Legal Clinic Helps Homeowners Fighting Foreclosure

Friday, September 05, 2008

A new legal clinic is claiming great success in helping homeowners fight off foreclosure of their homes.

REPORTER: In the case of US Bank v. Deborah Singleton, Deborah Singleton is defending herself.

SINGLETON: I can represent myself, I don't have to pay thousands of dollars to a ...


Chesapeake Energy Sells Drilling Rights

Thursday, September 04, 2008

An energy company that leased land to drill for natural gas in the northeast is now looking to sell part of its operation.

Over the past few years, gas companies have been in fierce competition to lease acres for drilling all over Pennsylvania and upstate New ...


Heating Oil Prices Hit Home Owners, Suppliers

Wednesday, September 03, 2008

Consider this: in January 2007, a barrel of heating oil cost about a $150. A year and a half later, the price has more than doubled. Despite the recent dip in the price of crude, the small suppliers who sell home heating are so. WNYC's ...


Fannie and Freddie Pull Out of New York State

Monday, September 01, 2008

A new law takes effect in New York today that aims to prevent another home loans crisis.

Lots of states have passed measures in response to the subprime crisis. But only New York's law has prompted Fannie Mae and Freddie Mac to retaliate.

The government-sponsored lenders say ...


Jersey Shore Eyed for Federal Offshore Wind Energy Project

Sunday, August 31, 2008

Offshore wind energy is coming, and the federal government has the New York region's coastal waters in its sights. WNYC's Ilya Marritz has more.

REPORTER: Any project more than three miles offshore needs approval from the Department of the Interior. Last week, Interior's Maureen Bornholdt came ...


Unemployment Way Up in New York State

Thursday, August 28, 2008

Unemployment has shot up in New York State as the economy has cooled down. And a new analysis by the Fiscal Policy Institute finds New York is doing a poor job of helping the unemployed.

The Institute's James Parrott says the state hasn't made a cost-of-living ...


Mortgage Giants to Halt Subprime Transactions in NYS

Wednesday, August 27, 2008

The nation's two largest secondary mortgage corporations, Fannie Mae and Freddie Mac, say they'll stop buying subprime mortgages in New York State. WNYC's Ilya Marritz has more.

REPORTER: The trigger was Gov. David Paterson's signature on a new law intended to help subprime borrowers about to ...


Local Businesses Look for Olympic Gold

Monday, August 25, 2008

Athletes weren't the only ones seeking gold at the 29th Olympiad. As WNYC's Ilya Marritz reports, some small New York-area businesses also had a stake in the games.

Think of a corporate brand you associate with the Olympics: McDonald's, Coke, Visa.

"Win" sports detergent?

ADVERTISEMENT: Reaching your goal. ...


Mayor Expects Little Tax Revenue from Wall Street

Thursday, August 21, 2008

The nation's fourth-biggest investment bank, Lehman Brothers will release its next quarterly report in the next few weeks.

REPORTER: Lehman is rumored to be shopping around some of its assets in a bid to improve its balance sheets. Last quarter, the bank showed a $2.8 billion ...


Wind Farms Could Provide Energey to NYC

Wednesday, August 20, 2008

Large, strategically placed offshore wind farms could some day meet up to a third of the city's electricity needs. According to the city's economic development officials.

REPORTER: The EDC just issued an invitation to energy companies to propose bold projects for renewable power. Speaking on the ...