Category Archives: Wall Street

Goldman Sachs angering its new neighbors

Posted on December 1, 2009 by Editor

December 1, 2009 When it rains it pours. In addition to the horrendous bad publicity that Goldman Sachs has endured on the national scene leading to an apology by the CEO, their new several-billion-dollar skyscraper headquarters being completed in Battery … Continue reading →

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Good news for the NYC economy soon?

Posted on October 14, 2009 by Editor

October 14 It is being reported that Wall Street is expected to pay out the largest total in salaries ever: more than $140 Billion. This will, of course, directly impact the struggling NYC economy. (more…)

Posted in - 1 The Good News and Greer Report, Wall Street | Leave a comment

The commercial real estate bubble

Posted on October 11, 2009 by Editor

October 6 The other shoe to drop for New York City will be the massive rate of defaults on commercial real estate loans. Up to a trillion dollars in loans could go unpaid within the next year or two. Will … Continue reading →

Posted in - 1 The Good News and Greer Report, Real estate, Schools, Wall Street | Leave a comment