Occupy Wall Street protesters are angry about financial industry fat cats getting rich while many Americans are struggling. So it’s worth noting that even Wall Street isn’t immune from the economic downturn. Citing global economic conditions, Goldman Sachs reported a $428 million loss Tuesday–just the second quarterly loss since the firm went public in 1999.
Continue reading …It’s hard to remember now, but Rick Santelli’s famous February 2009 rant, credited with launching the Tea Party movement, was an attack on the idea of using mortgage modifications to help struggling homeowners. “In terms of modifications,” Santelli asked, “how many people want to pay for your neighbor’s mortgages that has an extra bathroom and
Continue reading …Immigration authorities announced today that they deported 396,906 people in the 2011 fiscal year, the highest number of deportations in the agency’s history. Forty-five percent of those deported had no criminal records. Immigration chief John Morton praised his agency for increasing the number of convicted criminals sent out of the United States by 89 percent since
Continue reading …The New York Times has finally tracked down the so-called hipster cop, an NYPD officer who has attracted the half adoring, half mocking attention of local blogs for his skinny ties and nerdy glasses, which make him look more like a young protester than a police officer. (Gothamist even put together a “montage” video of
Continue reading …Sometimes life imitates art: A New York City burglary crew has picked up a crime technique used by bank robbers in the Ben Affleck movie “The Town,” cops says. Several burglary suspects told New York City detectives that they had seen the movie bad guys spray bleach on ATMs and cash drawers to try to
Continue reading …Sometimes life imitates art: A New York City burglary crew has picked up a crime technique used by bank robbers in the Ben Affleck movie “The Town,” cops says. Several burglary suspects told New York City detectives that they had seen the movie bad guys spray bleach on ATMs and cash drawers to try to
Continue reading …Sometimes life imitates art: A New York City burglary crew has picked up a crime technique used by bank robbers in the Ben Affleck movie “The Town,” cops says. Several burglary suspects told New York City detectives that they had seen the movie bad guys spray bleach on ATMs and cash drawers to try to
Continue reading …Sometimes life imitates art: A New York City burglary crew has picked up a crime technique used by bank robbers in the Ben Affleck movie “The Town,” cops says. Several burglary suspects told New York City detectives that they had seen the movie bad guys spray bleach on ATMs and cash drawers to try to
Continue reading …Sometimes life imitates art: A New York City burglary crew has picked up a crime technique used by bank robbers in the Ben Affleck movie “The Town,” cops says. Several burglary suspects told New York City detectives that they had seen the movie bad guys spray bleach on ATMs and cash drawers to try to
Continue reading …Sometimes life imitates art: A New York City burglary crew has picked up a crime technique used by bank robbers in the Ben Affleck movie “The Town,” cops says. Several burglary suspects told New York City detectives that they had seen the movie bad guys spray bleach on ATMs and cash drawers to try to
Continue reading …