Tag Archive for Wall Street Firms

New York City Budget Balanced With Help From Wall Street – Bloomberg

New York City balanced its $68.7 billion spending plan for fiscal 2013 with revenue from $7.3 billion in Wall Street firms’ first-quarter profits, state Comptroller Thomas DiNapoli said. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if…