NY Daily Record Since 1908
New York State Attorney General Andrew M. Cuomo on Thursday announced a settlement with David Shulman, formerly a top executive at UBS, over Shulman’s sale of personal holdings ...
Read More »European swaps facing renewed scrutiny
LONDON — The practice wasn’t secret and it wasn’t illegal, and some of it happened 10 or 15 years ago. But the practice of European governments reportedly using complex financial transactions to move debt off their books is getting closer attention from markets and the European Union.
Tagged with: Goldman Sachs Greece
Read More »Gov proposing delays in tax refunds
ALBANY — Some New Yorkers could see a delay in the arrival of their state income tax refund checks if Gov. David Paterson decides it’s the best way to make sure the state has enough cash.
Tagged with: Gov. David Paterson
Read More »Upstate sees VC growth
The Upstate region saw nearly $6 million in venture capital investment in the fourth quarter of 2009, according to the most recent MoneyTree report from PricewaterhouseCoopers.
Read More »Thain getting a second chance
NEW YORK CITY — CIT Group Inc. tapped former Merrill Lynch CEO John Thain to become its chairman and CEO.
Tagged with: Banking
Read More »Bonadio Group offers new CFO service
The Bonadio Group on Monday announced the launch of a new Personal Chief Financial Officer service through its Wealth Advisors team.
Read More »Shareholders approve Xerox acquisition of ACS
Xerox Corp. officials announced Friday that Xerox shareholders and shareholders of Dallas-based Affiliated Computer Services Inc. approved Xerox’s ACS acquisition.
Tagged with: Xerox
Read More »Ex-assemblyman sentenced to six years
NEW YORK CITY — A veteran New York assemblyman was sentenced to six years behind bars on Thursday on charges he collected $1 million in consulting fees for, in his own words, “doing nothing.”
Read More »Bernanke sworn in, voices concerns
Federal Reserve Chairman Ben Bernanke expressed concerns Wednesday about the economic recovery during a ceremonial swearing-in for another four-year term.
Read More »Bill to boost bankruptcy judges advances
A bill that would increase the number of federal bankruptcy judges to handle the recent surge of personal and corporate bankruptcies last week was advanced in the U.S. House.
Tagged with: Bankruptcies
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