Bailout on the Brink
A New York federal judge may rule imminently on a case that could reverse the General Motors (GM) bailout and send the company back into bankruptcy, according to sources close to the case.
A New York federal judge may rule imminently on a case that could reverse the General Motors (GM) bailout and send the company back into bankruptcy, according to sources close to the case.
Dozens of residents are still living without heat, hot water, or electricity in condemned structures flooded by both sea and sewer water in the Gerritsen Beach community of Brooklyn after a request to FEMA for temporary housing after Hurricane Sandy was denied.
Life is approaching a new normal for many in New York and New Jersey after Hurricane Sandy slammed into the northeast two weeks ago. Lingering destruction, however, means it may take months to rebuild.
A prominent Brooklyn Democrat Vito Lopez has been censured, stripped of his committee posts, and barred from employing young people after his colleagues determined he sexually harassed two female employees, the New York Times reports.
Democratic Rep. Tim Bishop (N.Y.) appears to have extorted a $5,000 donation from a wealthy constituent who needed help obtaining some government permits, according to Politico.
President Obama spoke last night at a $40,000-a-head campaign fundraising dinner at the NoMad Hotel in Manhattan.
New York City Mayor Michael Bloomberg is gearing up to crackdown on alcohol abuse, the New York Post reports.
Now that he has signed his $25.1 million contract with the Houston Rockets, former New York Knicks sensation Jeremy Lin will no doubt be grateful for the 0 percent state and city income tax he will enjoy in the state of Texas.
Jonathan Soros, son of left-wing billionaire George Soros, is launching a new Super PAC called “Friends of Democracy” that will take aim at Super PACS.