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Wall Street

The Leonard Lopate Show

The Foreclosure of America

Wednesday, January 14, 2009

Hear an insider's story of how the current mortgage crisis got started. Also: can we prevent an economic mess like the one we're experiencing now from ever happening again? Adam Michaelson is author of The Foreclosure of America.

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WNYC News

Morgan Stanley Reaches Deal With Citigroup

Wednesday, January 14, 2009

Citigroup and Morgan Stanley have agreed to combine their brokerages. Morgan Stanley is paying Citigroup $2.7 billion for a 51 percent stake in the joint venture. New York University Stern Professor Larry White says it's a deal that shows how much Citigroup wants to slim ...

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WNYC News

Citi Slips

Wednesday, January 14, 2009

The trials of Citigroup, New York City’s largest for-profit employer.

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WNYC News

NJ Governor: More Budget Cuts to Come

Tuesday, January 13, 2009

New Jersey Governor Jon Corzine used his third annual State of the State address to give a spirited pep talk, during what he called the worst national recession since the Great Depression. He says New Jerseyans are tough, and are "fighting back."

CORZINE: Our determination remains ...

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WNYC News

NYS Affirms "Amazon" Tax

Tuesday, January 13, 2009

A New York state court has affirmed the so-called "Amazon tax" on purchases made over the internet. WNYC's Ilya Marritz has more.

REPORTER: New York lawmakers broke new legal ground last year when they required out of state web retailers to collect New York sales tax ...

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WNYC News

Questions for Mrs. Clinton

Tuesday, January 13, 2009

The threats to the world economy that the next Secretary of State could face.

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WNYC News

Real Estate, Soured

Friday, January 09, 2009

Deflation hits Manhattan apartments and an Atlantic Yards developer looks to economize.

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WNYC News

Mayor: Obama Stimulus May Not Help in Short-Term

Thursday, January 08, 2009

Mayor Bloomberg is sounding a note of caution about President-elect Obama's proposed economic stimulus plan, saying it may not do enough to help those who need the money most. Obama laid out goals of doubling the production of alternative energy over three years, updating most ...

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WNYC News

MTA Chief: Payroll Tax May Offset Fare Increases

Thursday, January 08, 2009

MTA's chief executive thinks there is a good chance that New York's legislature will approve a payroll tax to offset proposed bus and subway fare increases, and "draconian" service cuts. Lee Sander told WNYC's Brian Lehrer that lawmakers seemed "receptive" to imposing a 0.33% tax ...

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WNYC News

Why Servicers Matter

Thursday, January 08, 2009

Columbia profs cook up a mortgage-foreclosure plan.

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WNYC News

NYC Tax Revenues Turnaround in 2011

Thursday, January 08, 2009

New York City's tax revenues are likely to be sharply down this year, by some 7.5 percent and a new study by the Independent Budget Office says the city is unlikely to start seeing a turnaround until 2011, a year after the rest of the ...

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The Leonard Lopate Show

Sick Economy

Wednesday, January 07, 2009

Pulitzer Prize-winning reporter David Cay Johnston talks about what we can learn from the current economic upheaval, and how he thinks our economy can be nursed back to health. He’s most recently the author of Free Lunch.

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WNYC News

Skipping Bryant Park

Wednesday, January 07, 2009

Designers decide to opt out of Fashion Week runway shows.

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WNYC News

Give My Regards…

Tuesday, January 06, 2009

Broadway falls on hard times.

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WNYC News

Contractor Charged in Crane Collapse

Monday, January 05, 2009

A Long Island contractor has been charged with manslaughter, and criminally negligent homicide, in the deadly crane collapse in Midtown last spring that killed seven people.

Manhattan District Attorney Robert Morgenthau says crane rigger William Rapetti knowingly used old and deteriorated slings to hold up a ...

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WNYC News

All’s Well That Lends Well

Monday, January 05, 2009

Even if banks lend again, the market for securitized loans may stay small.

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WNYC News

Questions for 2009?

Friday, January 02, 2009

How many jobs will the city lose? Will investment banks find a new way to make money?

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WNYC News

The Agony and the Alchemy

Thursday, January 01, 2009

There were a lot of lessons to be learned in 2008. Business Week writer Roben Farzad has his top five.

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The Leonard Lopate Show

Pension Plans in Peril

Wednesday, December 31, 2008

Find out why pension plans are often the first to go when a company is facing a major financial struggle, and how that’s affecting people around the country who rely on those pensions to pay for their retirement. Journalist Fran Hawthorne has been covering the pension industry for more than ...

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WNYC News

NJ Budget, Looking Ahead

Wednesday, December 31, 2008

Governor Corzine says he'll announce hundreds of millions of dollars in spending cuts to close a $1.2 billion gap in this year's budget. WNYC's Bob Hennelly has the details.

REPORTER: Officials say cuts are necessary because for two months running, state tax revenues have fallen a ...

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