Some might argue that the global financial crisis started in New York. But whether the heart of the problem is on Main Street or on Wall Street, it is clear that the heart of the New York economy, the financial industry, has changed forever. Zanny Minton Beddoes, The Economist’s global economics editor, hosts a conversation with New York Governor David Paterson about the impact the crisis on New York’s economy, on the appropriate role for government to play in regulating the financial industry, and how to avoid the next crisis. This event was held by The Economist.
Posted: October 30th, 2008
Salvaging the Wreckage: What’s Next for New York?
2 Responses to “Salvaging the Wreckage: What’s Next for New York?”
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Restore the Offshore Funds……
Billions of NY dollars have found their way out of the state revenue stream; to offshore
banks. Working with the Justice Department, Treasury and NYS agencies (Controller, Etc.)
these funds can be identified and restored to our state budget. In these critical economic
times, more attempts will be made to keep money away from tax requirements.
How you think when the economic crisis will end? I wish to make statistics of independent opinions!