The City Council approved a $1.7 billion tax plan to raise revenues for the city; now, on to wrangling over how to spend it. Council Speaker Gifford Miller discusses what can stay and what has to go. Also: schools chancellor Joel Klein, second thoughts on the Second Avenue subway, blacks in film, and former Wall Street insider R. Foster Winans on a billion-dollar settlement deal with brokerage firms that was supposed to put Wall Street on an straighter path.
Joel In One
Joel Klein, New York City schools chancellor, has a lot to contend with
Bidness In Albany
City Council Speaker Gifford Miller (D-5th district), is raising taxes and advocating for tenants
The Big Dig New York Style
Gene Russianoff, staff attorney for Straphangers Campaign, on the 2nd Avenue subway line
Fostering a New Ethic
Foster Winans, former reporter for the Wall Street Journal, convicted of insider trading and author of Trading Secrets/Seduction and Scandal at the Wall Street Journal (St. Martin's Press, 1986), on why the latest settlements will not change the culture on Wall Street
Black To The Future
George Alexander, author of Why We Make Movies (Harlem Moon, 2003), on black people and film