October 4, 2008

In a remarkably testy meeting with legislative leaders, the governor said that he would call lawmakers back to Albany after the election to reopen the state budget.

The insurer said it had already drawn down $61 billion of its $85 billion emergency bridge loan, a move that startled credit ratings agencies.

New Yorkers relish a brawl, but most of the city’s political class has responded to the mayor’s plans to seek a third term with a collective shrug.

David Patrick Columbia, creator of the New York Social Diary and longtime chronicler of the still rich and famous, is watching as the good times turn grim.

The turmoil on Wall Street has not only taken down once-solid companies, it has cut into the wealth of some Americans whose fortunes were tied to those companies.