Byline: from staff reports and bloomberg news reports Schools settle with Cuomo Pace University, New York Institute of Technology and Molloy College of Rockville Centre, L.I., entered into agreements with New York Attorney General Andrew Cuomo ( Byline: from staff reports...
Andrew Cuomo takes new job former gubernatorial candidate Andrew Cuomo is taking a job with a friend he made on the campaign trail, real estate whiz Andrew Farkas. Mr. Cuomo will act as a partner in Island Capital Group, the real estate investment ...
Byline: Alair Townsend A friend of mine, also a veteran of the Koch administration, called recently after someone we both know had gotten into some trouble. ``Alair,'' he chortled, ``you've got to stop smoking so you live long enough to see all of ...
Housing and Urban Development Secretary Andrew Cuomo awarded rental assistance vouchers that will help 60,000 low-income families live in housing they otherwise could not afford. Cuomo awarded the voucher to about 500 housing authorities in the U.S., Puerto Rico, Guam, the Virgin Islands, and the Commonwealth of the Northern Marianas...
In proposing a higher ceiling on FHA mortgage insurance, HUD secretary Cuomo projects about 600,000 more people would enter the housing market annually. If all goes according to plan, builders can look forward to millions of new homeowners enteri In proposing a...
When the history of the Web's early years are written, one critical chapter will be the multiple ways government agencies have tried to censor, tax and otherwise inhibit the Internet, mostly unsuccessfully. But today's NYT report that three big ISPs -- Verizon, Sprint and Time Warner Cable...
Mortgage giants Fannie Mae and Freddie Mac have made revisions to the Home Valuation Code of Conduct, which is likely to change the way by which home appraisals are ordered. Under the agreement, effective May 1, both agencies are required to purchase loans supported only by independent...
WASHINGTON AP -- Federal and state regulators announced a revised pact Tuesday to reshape home appraisal practices as part of an agreement with mortgage finance companies Fannie Mae and Freddie Mac. Widespread complaints of problems with inflated appraisals and their impact on the nation's housing market led...
ALBANY, N.Y. -- Underscoring how closely the fates of Wall Street and New York are intertwined, Gov. David Paterson said Friday that a single moment in the financial crisis -- the decision by Goldman Sachs executives to forgo bonuses -- cost the state $178 million. The executives...
The star of "The Nanny" wants to go from playing nasally New Yawkers to succeeding Hillary Rodham Clinton in the U.S. Senate. Publicist Jordan Brown delivered the straight line that Fran Drescher is serious about becoming the next junior senator from New York. Brown cited Drescher's experience...
JOHN THAIN, the chief executive of Merrill Lynch, agreed to forgo a bonus this year, after news that he had requested $10m (6.7m) sparked a public outcry. Andrew Cuomo, the New York State attorney general who is investigating Wall Street pay, fired off an angry letter to...
Four disability insurers reportedly have been subpoenaed to provide testimony and documents in a probe of payments to retired workers at the Long Island Rail Road. Aflac, First Unum Life Insurance, Transamerica Financial Life Insurance and CUNA Mutual Group were subpoenaed by New...
Gov. David A. Paterson and state Attorney General Andrew Cuomo deplored the absence of a woman nominee to succeed Chief Judge Judith S. Kaye when she retires at the end of the year. "We're outraged by what we see," Paterson said at a press conference Wednesday in...
Three cheers for Edward M. Liddy, the new chairman and CEO of AIG. After a meeting with New York Attorney General Andrew Cuomo in October, Liddy canceled more than 160 AIG events to save more than $8 million. Not only that, he decided to withhold all payments to...
Aetna Inc.'s physician-rating program recently received a passing grade from the National Committee for Quality Assurance. The evaluation was conducted under a 2007 agreement between Aetna and New York Attorney General Andrew Cuomo, and was aimed at addressing allegations that health plans were using physician-rating programs to steer...
LAWRENCEVILLE, N.J. -- With governments at all levels calling for caps on executive compensation, the effect on salaries for new hires will be impacted in most, if not all industries. "The dynamic is changing," said Michael Zinn, president of the executive search firm bearing his name, Michael D....
NEW YORK -- Despite the Wall Street meltdown, the nation's biggest banks are preparing to pay their workers as much as last year or more, including bonuses tied to personal and company performance. So far this year, nine of the largest U.S. banks, including some that have...
ALBANY, N.Y. -- Financially troubled American International Group, now supported by a federal bailout, has agreed to freeze millions of dollars in compensation and bonuses for former executives. In a letter Wednesday to AIG's new chairman, Edward Liddy, New York Attorney General Andrew Cuomo wrote that after...
A handful of top executives from American International Group Inc. spent thousands of dollars during a recent English hunting trip, even as the New York-based insurer asked for an additional $37.8 billion loan from the Federal Reserve. The news comes as New York Attorney General Andrew Cuomo...
