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The head of the Food Bank for NYC preps for a busy Thanksgiving

On Thanksgiving the Food Bank for New York City, led by CEO Margarette Purvis, will supply turkey, sweet potatoes and stuffing to more than 1,000 soup kitchens and food pantries. Each year the... To view the full story, click the title link.

More inexpensive ebook goodies!

You can now get your hands on the digital edition of Iain M. Banks' The Hydrogen Sonata for only 2.99$ here. There is a price match in Canada.Here's the blurb:The New York Times bestselling Culture novel...The Scavenger species are circling. Show More Summary

NY Fed Q3 Report: "Total Household Debt Increases, Delinquency Rates of Several Debt Types Continue Rising"

From the NY Fed: Total Household Debt Increases, Delinquency Rates of Several Debt Types Continue RisingThe Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit,...Show More Summary

Americans' debt level rises in third quarter

Americans' debt level rose during the third quarter, driven by an increase in mortgage loans, according to a Federal Reserve Bank of New York report published on Tuesday. Read more...

Rosie O’Donnell Lists Five-Residence River Front Compound in Nyack, New York

Property gossip column regular is Rosie O’Donnell is back in the real estate news, making her long-time five-residence compound on the western bank of the Hudson River in the affluent community of Nyack, N.Y., available for sale with a $10.79 million price tag. As noted in the New York Post, the five residences, three with […]

New York Fed's Bill Dudley to retire before term expires

The president of the Federal Reserve Bank of New York will leave six months before his term expires, further shaking up the Fed's interest rate-setting committee.        

New York Fed chief to retire next year

William Dudley, president of the Federal Reserve Bank of New York and a key ally of Fed Chair Janet Yellen, will retire in mid-2018, creating another opening in the top ranks of decision-making at... To view the full story, click the title link.

N.Y. Fed chief Dudley, a key Yellen ally, is retiring next year

William Dudley, president of the Federal Reserve Bank of New York and a key ally of Fed chief Janet L. Yellen, will retire in mid-2018, creating another opening in the top ranks of decision-making at the nation's central bank. The New York Fed's announcement Monday followed President Trump's nomination...

William Dudley, Chief of New York Fed, to Retire Next Year

2 weeks agoNews : NYTimes: News

Mr. Dudley, an influential voice on the Federal Reserve’s policymaking board, said he would step down from the Federal Reserve Bank of New York in mid-2018, before his term expires.

FOMC Nominee Jerome H. Powell Introductory Remarks

Introductory Remarks by Governor Jerome H. Powell The Federal Reserve Bank of New York November 02, 2017 At the Roundtable of the Alternative Reference Rates Committee NY Fed   Good morning. I am sorry that I am not able to be with you today at the FRBNY for this important meeting. Show More Summary

William Dudley, New York Fed President, Is Expected to Retire

2 weeks agoNews : NYTimes: News

Mr. Dudley, who led the regional bank in the wake of the financial crisis, is a vocal proponent of improving the “culture” at big banks.

BNY Mellon Worth $55 As Custody Banking Business Is Booming

Bank of New York Mellon stands out in the list of ten largest U.S. banks as the only one with a business model that relies completely on custody banking and investment management services. And we believe that this focused approach is the biggest source of value for the banking giant

Abacus

3 weeks agoNews : Reason

You might have heard that no bank faced criminal charges after the financial crisis of 2008. But that's not quite true. Abacus Federal Savings Bank, a New York Chinatown–based institution founded in 1984 by Thomas Sung, was charged in 2012 with fraud and accused of falsifying mortgage applications by the Manhattan District Attorney's office. Show More Summary

Amalgamated Bank Supports Planned Parenthood Abortion Biz With New Credit Card

From lipstick lines to emojis to lollipops, pro-abortion business owners are finding new ways to support the killing of unborn babies at Planned Parenthood. A New York City bank recently began advertising yet another fundraiser for the top abortion chain in America – a Planned Parenthood “give-back” savings account coupled with a pink ATM card […]

The Latest: Prosecutor says soccer scandal affected US banks

The latest on the New York sentencing of a former judge who led Guatemala's soccer federation (all times local): 6:30 p.m. A top New York federal prosecutor says the first … Click to Continue »

How Obama holdovers are sowing the seeds for another subprime collapse

(Paul Mirengoff) Paul Sperry, writing in the New York Post, warns that “a pair of top Obama-appointed bank regulators still serving in the Trump administration could spark another mortgage meltdown by lowering credit standards and encouraging...Show More Summary

The Best Toys From New York Comic Con

last monthHumor / odd : Nerd Bastards

Regardless of if you came to New York Comic Con (NYCC) for an elusive comic book, statue, or some hard to find toy, you were sure to find something on the show floor that was worth taking a hammer to your piggy bank. Unless, of course, you dealt with that heartbreaking sensation of falling in […]

Harvey Weinstein banked $1.65M days before bombshell New York Times report

Harvey Weinstein sold his Westport, Connecticut, home for $1.65 million just days before The New York Times published its damning report accusing the movie tycoon of sexually assaulting and harassing scores of women in the industry. Read more... Permalink | Email this | Linking Blogs | Comments

Unsolved 2003 Orchard Street Murder Gets Another Look On 'Nightline'

25-year-old Burke O'Brien was fatally shot on a Lower East Side stoop on a cold January night in 2003, just days after moving to New York City for a job as a foreign currency trader at Bank of America. No one was ever prosecuted forShow More Summary

NYC Foreclosures Surge 79%; Most Since 2009

A few weeks ago we noted that New York's 'smart money' at a variety of U.S. banking institutions were tripping over each other to underwrite dividend recaps for owners of expensive commercial real estate projects just as buyers of those...Show More Summary

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