Working Life

   That isn’t my rhetoric. That comes straight from the voice of Wall Street this morning, The Wall Street Journal: Worst Crisis Since ’30s, With No End Yet in Sight By JON HILSENRATH, SERENA NG and DAMIAN PALETT The financial crisis that began 13 months ago has entered a new, far more serious phase. Lingering […]

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   Egads…sound familiar…American taxpayers are now on the hook for billions of dollars…this time to bail out Freddie Mac and Fannie Mae and try to keep the economy from entering into a deeper tailspin. You can read about this virtually everywhere and there is a palpable fear here–that it may not be enough…    But, […]

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    Just to take a break from my focus on trade, there has been a lot of discussion about how to handle the crisis facing homeowners. I know this will shock everyone but many of the proposals floating around will provide a huge bailout for banks, and not do much for homeowners. So say my […]

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    Just to take a break from my focus on trade, there has been a lot of discussion about how to handle the crisis facing homeowners. I know this will shock everyone but many of the proposals floating around will provide a huge bailout for banks, and not do much for homeowners. So say my […]

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August has been a busy month in NY’s housing world. Last Friday Governor Spitzer signed a few bills that will improve the state’s flawed 421-a program, which provides tax breaks to developers who build affordable housing. Also last week, the City Council committed $14 million to help preserve federally-assisted affordable housing developments that are distressed […]

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