How Should the NY State Government Spend its $5 Billion Surplus from Wall Street Fines?

We have the results to our most recent Finger on the Pulse poll. Our FTF News editor, Eugene Grygo, recently posted a Minding the Gap column Can Good Come from the Sins of Wall Street?, where he discussed the fines imposed upon Wall Street and insurance firms for their sins during the Great Recession. Due to these fines, the New York State government has a $5.1 billion surplus for fiscal year 2016. New York Gov. Andrew Cuomo and other politicians in Albany are scrambling to sort out how to spend the windfall in the best way possible.

So we thought we would take it to our FTF News readers to see where they thought the money should go, and the result shows a solid standing, with 45% of the vote, for the surplus to be put towards improving the state’s rail service.  Do you agree?

surplus chart

 

 

With the recent winter storms in the Midwest and Northeast, we are now asking our readers to weigh-in on how firms manage these situations and what disaster recovery processes you have in place. Does your firm make you brave the ice and snow? Work from home? Snow day? Let us know at www.ftfnews.com.  We look forward to your feedback! (poll is on the bottom left side of our homepage)  

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s