For New Yorkers and visitors alike, families should experience the joy of this holiday season on our pedestrianized streets on Fifth Avenue and around Rockefeller Center.” We also especially urge out-of-town visitors to use buses and trains for the easiest access to New York City’s amazing holiday Open Streets this coming weekend. “We encourage everyone to take transit, bike, or walk during upcoming Gridlock Alert Days. “Sustainable transit options are always the best choice to get around New York City-for the health and safety of your fellow New Yorkers and to save you time otherwise stuck in traffic,” said Commissioner Rodriguez. īank of America has cut the jobs of some managers who work with wealthy families.Upcoming Gridlock Alert Days include Friday, December 9 Tuesday, December 13 Wednesday, December 14 and Thursday, December 15ĭOT also encourages drivers to take mass transit, walk, or bike this weekend-especially if planning a visit to the newest Holiday Open Street along Fifth Avenue in Midtown on Sunday, December 11ĭOT Commissioner Ydanis Rodriguez today reminded New Yorkers and visitors from across the Tri-State region to take transit and leave their cars at home for upcoming Gridlock Alert Days as well as this weekend, when additional streets will be pedestrianized for the holiday in Midtown Manhattan around Rockefeller Center. have been named among the nation’s seven safest banks, according to a survey conducted by 24/7 Wall Street. PNC Bank has agreed to settle an overdraft fee lawsuit for $90 million. Ī federal judge has held a California hedge fund manager in contempt for not paying back $12 million to the SEC. Goldman Sachs has advised investors to buy JPMorgan Chase but to stop buying Morgan Stanley. Seventy percent of financial advisors surveyed by Brinker Capital listed four more years of the Obama administration as their top concern. Raymond James has hired away another team of Morgan Stanley Smith Barney advisers in suburban Cleveland. Īdam Smith, a former portfolio manager at the Galleon Group Hedge Fund, has been sentenced to two years probation. The Securities and Exchange Commission is planning to sue hedge fund manager Philip A. Four years ago, Wall Street executives were among Obama’s biggest backers, collectively donating $16 million to his campaign.īarclays has struck a deal with regulators to pay more than $450 million to resolve accusations that it manipulated a key interest rate. And the potential for continued gridlock hasn’t stopped billionaire hedge fund managers Daniel Loeb, Paul Tudor Jones and Ken Griffin from switching their allegiances to Romney. “Given where the congressional elections are going, it’s not clear he’s going to be able to move in any direction,” Bloomberg quotes Stan Collender, a managing director at Washington-based public relations firm Qorvis Communications and a former federal budget policy director at two international accounting firms as saying. deficit, rising unemployment and an anti-rich mood born of the Occupy Wall Street movement, the former Massachusetts governor may be forced to raise taxes on the wealthiest Americans and go back on his campaign promise to repeal the Dodd-Frank Act, the 2010 law meant to bring more regulation to banks. Even though Wall Street has decided to back Romney, bankers and traders may see little relief even if Romney wins, according to Bloomberg. The campaign season has been rough on Wall Street with President Barack Obama demonizing Bain Capital when challenger Mitt Romney was its leader, and Romney himself bringing unwanted scrutiny to private equity.
0 Comments
Leave a Reply. |