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  1. Wall Street may cut 20,000 jobs over 2 years: report
    Mon Mar 24, 2008 5:37pm EDT

    NEW YORK (Reuters) – New York City risks losing more than 20,000 jobs in the high-paying financial sector over the next two years as the effect of the crisis in mortgage markets drives down Wall Street’s profits, according to a report issued on Monday.

    The city’s Independent Budget Office, in its report, estimated that Wall Street’s profits for 2007 will sink by more than 80 percent to the lowest level since 1994.

    Profits for 2007 are expected to total just $3.2 billion, down from $20.9 billion in 2006, the report said.

    Banks and brokerages account for almost 35 percent of all salaries and wages in New York City. Fallout from investments in the risky subprime mortgage market has forced Wall Street banks to write-down more than $150 billion — and more red ink is expected.

  2. The Sun may quote Marty as saying he is still undecided. But the departure of his chief-of-staff for the private sector says to me that Marty ain’t running. And as for the NBC/Marist poll, that is just name recognition.

  3. With Economy Tied to Wall St., New York Braces for Job Cuts!

    You know something? Six months ago people said I was crazy or a bitter renter. I posted story after story on the housing meltdown. Every asshat attacked me and wrote some foul shit. But now the Main Stream Media is posting stories like this every second. I saw this story in the NY Times and said “Oh Shit”. I hope you read it because it will impact every thing in this city!

    BTW Watch this shit! I see why you are so fucking stupid, greedy and getting ready to lose everything

    Why Ron Paul did not win the Florida Primary

    http://www.youtube.com/watch?v=7zsr0UpVjoE

    Oh, The What don’t have to post this shit! The Media is taking care of business LMMFAO! Ya’ll are fucking finished!

    The What (Tick Tick Tick)

    Someday this war is gonna end…..

  4. With Economy Tied to Wall St., New York Braces for Job Cuts!

    You know something? Six months ago people said I was crazy or a bitter renter. I posted story after story on the housing meltdown. Every asshat attacked me and wrote some foul shit. But now the Main Stream Media is posting stories like this every second. I saw this story in the NY Times and said “Oh Shit”. I hope you read it because it will impact every thing in this city!

    BTW Watch this shit! I see why you are so fucking stupid, greedy and getting ready to lose everything

    Why Ron Paul did not win the Florida Primary

    http://www.youtube.com/watch?v=7zsr0UpVjoE

    Oh, The What don’t have to post this shit! The Media is taking care of business LMMFAO! Ya’ll are fucking finished!

    The What (Tick Tick Tick)

    Someday this war is gonna end…..