New York Post
De Blasio is right to say no to an MTA bailout Gov. Cuomo recently said that the subway was getting better, “if you were looking very carefully.” It’s too early to declare victory yet. But even if things are getting better,...
City Council weighs yellow cab bailouts, restrictions on Uber and Lyft The City Council is weighing a major bailout of the yellow-cab industry, with possible restrictions and surcharges on rivals such as Uber and Lyft. Several dozen beleaguered taxi-medallion owners flocked...
A small, but smelly, bailout Imagine you own a flower shop or hotel and business plunges. Would you expect the state to bail you out? Of course not. Yet that’s what Albany did last year...
Developer with ties to Cuomo gets $2M tax break amid bailout A New York City developer who is a major campaign donor placed a losing bet on an upstate racetrack — but still came out a winner when Albany granted him...
Hank Greenberg loses appeal over AIG's 2008 bailout Maurice “Hank” Greenberg is on a losing streak. In another blow to AIG’s 92-year old former CEO, a federal appeals court on Tuesday threw out an earlier ruling that the...
Italy readies bank bailout after prime minister decides to resign Italy is preparing a state bailout for Monte Paschi as the troubled bank teeters on the brink of failure following Prime Minister Matteo Renzi’s decision to quit, sources said Tuesday....
House passes bailout package for debt-ridden Puerto Rico The House on Thursday overwhelmingly passed a rescue package for debt-stricken Puerto Rico, clearing a major hurdle in the ongoing effort to bring relief to the U.S. territory of 3.5...
Helping Puerto Rico may start a whole new wave of bailouts If you have a retirement fund or pension, or you’re a taxpayer, get ready to have your pockets picked. The Obama administration wants Congress to enact a bankruptcy plan for...
Obama is looting the Treasury to pay off insurers The Obama administration will tell any lie and break any law to prevent the president’s signature health-care program from collapsing. Insurance companies such as UnitedHealthcare and Aetna are losing billions...