Wall Street Lost Fewer Jobs Than Forecast, N.Y. Comptroller Says
Started by Apt_Boy
about 16 years ago
Posts: 675
Member since: Apr 2008
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http://www.bloomberg.com/apps/news?pid=20601087&sid=aL_.VzC6y6nU&pos=7 Nov. 17 (Bloomberg) -- Wall Street is recovering faster than the national economy, with New York City’s four largest investment firms reaping profits of $22.6 billion through Sept. 30 after losing more than $40.3 billion last year, state Comptroller Thomas DiNapoli reported. The numbers, contained in the comptroller’s... [more]
http://www.bloomberg.com/apps/news?pid=20601087&sid=aL_.VzC6y6nU&pos=7
Nov. 17 (Bloomberg) -- Wall Street is recovering faster than the national economy, with New York City’s four largest investment firms reaping profits of $22.6 billion through Sept. 30 after losing more than $40.3 billion last year, state Comptroller Thomas DiNapoli reported.
The numbers, contained in the comptroller’s annual report on the city’s securities industry, found job losses may not exceed 35,000, less than the 47,000 officials predicted when preparing the city’s June financial plan. The six largest U.S. bank holding companies set aside $112 billion for compensation in the first nine months of 2009, and the bonus pool including stock options may be higher than last year, DiNapoli wrote.
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Response by petrfitz
about 16 years ago
Posts: 2533
Member since: Mar 2008
Duh! How will RE values crash another 50% as predicted by the tool renters on this board if Wall Street is doing so well???
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Response by samadams
about 16 years ago
Posts: 592
Member since: Jul 2009
35,000 job losses just in finance is no joke. How many Manhattan apts. do you 2 geniuses think that will put n the market over the next year?
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Response by petrfitz
about 16 years ago
Posts: 2533
Member since: Mar 2008
how many of those laid off have new jobs? have many didnt own an apartment? how many have a few million sitting in the bank with no worries? how many didnt live in the city?
How many of the people who didnt get laid off are getting the highest bonuses they have ever seen? How many of the people who didnt get laid off have a ton of cash and see low prices and low financing and are going to buy something next year?
Tool
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Response by alanhart
about 16 years ago
Posts: 12397
Member since: Feb 2007
Lots of questions, no answers.
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Response by samadams
about 16 years ago
Posts: 592
Member since: Jul 2009
hey dope 35,000 net loss. Maybe you dont seem to understand english or maybe you are just dumb. that means maybe 60,000 people may have lost there jobs in finance and 25,000 found new jobs. However that still means 35,000 net loss STUPID.
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Response by Apt_Boy
about 16 years ago
Posts: 675
Member since: Apr 2008
samadams - All I did was post a newsworthy article. I did not make any commentary as to my viewpoint on said article. As such, your comment "do you 2 geniuses..." was uncalled for and inappropriate.
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Response by spinnaker1
about 16 years ago
Posts: 1670
Member since: Jan 2008
What the title should read:
"Following months of outrage, America assumes her position"
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Response by petrfitz
about 16 years ago
Posts: 2533
Member since: Mar 2008
samadams you obviously have no idea about hiring trends and employment measurement.
Tool
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Response by alanhart
about 16 years ago
Posts: 12397
Member since: Feb 2007
Apt_Boy, I think the 2 geniuses samadams was referencing are petr and fitz, AKA Tweedledum and Tweedledummer
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Response by Ubottom
about 16 years ago
Posts: 740
Member since: Apr 2009
petrfitz tells it angry--whatever
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Response by w67thstreet
about 16 years ago
Posts: 9003
Member since: Dec 2008
Petrie shouldn't u be coding or something. Yeah and I want my $15 for my little Einstein kid videos!!!! Itz not working, apparently parent/child interactins work best,uggggggggggggg!!!!!
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Response by samadams
about 16 years ago
Posts: 592
Member since: Jul 2009
petrfitz you are clueless
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Response by stevejhx
about 16 years ago
Posts: 12656
Member since: Feb 2008
Buy now or be priced out forever.
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Response by marco_m
about 16 years ago
Posts: 2481
Member since: Dec 2008
we already know RBS,citi and BoA wont be paying out..obama is going to pressure the rest of the banks into paying alot of deferred comp. its game over for manhattan RE...wall st. isnt gonna come through for ya.
Duh! How will RE values crash another 50% as predicted by the tool renters on this board if Wall Street is doing so well???
35,000 job losses just in finance is no joke. How many Manhattan apts. do you 2 geniuses think that will put n the market over the next year?
how many of those laid off have new jobs? have many didnt own an apartment? how many have a few million sitting in the bank with no worries? how many didnt live in the city?
How many of the people who didnt get laid off are getting the highest bonuses they have ever seen? How many of the people who didnt get laid off have a ton of cash and see low prices and low financing and are going to buy something next year?
Tool
Lots of questions, no answers.
hey dope 35,000 net loss. Maybe you dont seem to understand english or maybe you are just dumb. that means maybe 60,000 people may have lost there jobs in finance and 25,000 found new jobs. However that still means 35,000 net loss STUPID.
samadams - All I did was post a newsworthy article. I did not make any commentary as to my viewpoint on said article. As such, your comment "do you 2 geniuses..." was uncalled for and inappropriate.
What the title should read:
"Following months of outrage, America assumes her position"
samadams you obviously have no idea about hiring trends and employment measurement.
Tool
Apt_Boy, I think the 2 geniuses samadams was referencing are petr and fitz, AKA Tweedledum and Tweedledummer
petrfitz tells it angry--whatever
Petrie shouldn't u be coding or something. Yeah and I want my $15 for my little Einstein kid videos!!!! Itz not working, apparently parent/child interactins work best,uggggggggggggg!!!!!
petrfitz you are clueless
Buy now or be priced out forever.
we already know RBS,citi and BoA wont be paying out..obama is going to pressure the rest of the banks into paying alot of deferred comp. its game over for manhattan RE...wall st. isnt gonna come through for ya.