Financial Crisis

DiNapoli: Wall Street 2010 Bonuses Estimated At $20.8 Billion The estimate of cash bonuses to New York City securities industry employees is down from what was actually paid in 2009.
Bloomberg Backs Repeal Of Law He ChampionedTwo years ago, the mayor pushed the City Council to extend the limit to three terms so he could run for re-election. At the time, the mayor said the City needed him to get through the financial crisis.