Thu 12 Feb 2009
Beacon Restored to Glamour of Vaudeville Days
Filed under: Restoration and Renovation, Beacon Theater, Manhattan (NYC) — @ 5:06 pm

The 80-year-old Beacon Theater in Manhattan will reopen Friday night after a seven-month, $16 million renovation.

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Thu 12 Feb 2009
That’s What You Call Investing for the Long Term
Filed under: Bank of New York Mellon Corp|BK|NYSE, Churchill, Winston Leonard Spencer, Government Bonds, Belmont Stakes, Horse Racing, Bronx (NYC) — @ 4:40 pm

Some municipal bonds issued in 1868 to build a road to long-vanished racetrack are only now coming to maturity; some others in the same offering won’t until 2147.

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Thu 12 Feb 2009
Our Towns: The Recession Takes Down a Yacht Club
Filed under: Knickerbocker Yacht Club, Boats and Boating, Long Island Sound, Recession and Depression — @ 6:48 am

Founded in 1874 on the Harlem River in Manhattan, the Knickerbocker Yacht Club is the second-oldest yacht club on the Long Island Sound.

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Thu 12 Feb 2009
Wife Withdrew Millions Before Madoff’s Arrest
Filed under: Madoff, Ruth, Ponzi Schemes, Madoff, Bernard L — @ 6:42 am

Records show Ruth Madoff withdrew $10 million on the day before Bernard L. Madoff was arrested, and $5.5 million a few weeks before.

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Thu 12 Feb 2009
Nearly 700 at Merrill in Million-Dollar Club
Filed under: Executive Compensation, Bank of America Corp|BAC|NYSE, Bonuses, Merrill Lynch & Co, Cuomo, Andrew M — @ 6:10 am

Bonuses of more than $1 million apiece went out to 696 people last year, New York’s attorney general said.

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Thu 12 Feb 2009
In Court With Con Ed, a Glimpse of Life During a Downturn
Filed under: Electric Light and Power, Customer Relations, Consolidated Edison Inc|ED|NYSE — @ 5:12 am

The economic tough times have compounded problems for Con Edison, which saw the number of customers in arrears for more than 60 days jump 12 percent last year.

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Thu 12 Feb 2009
Her Time Short, a Brooklyn Woman Exerts a Passion to Paint
Filed under: Tumors, Cancer, Art — @ 5:10 am

Cordula Volkening, who has terminal brain cancer, finds that painting keeps her from worrying about the future or pining for her healthier past.

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Thu 12 Feb 2009
Cuomo Finds Big Bonuses for Many at Merrill
Filed under: Executive Compensation, Bank of America Corp|BAC|NYSE, Bonuses, Merrill Lynch & Co, Cuomo, Andrew M — @ 5:10 am

Bonuses of more than $1 million apiece went out to 696 people last year, New York’s attorney general said.

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Thu 12 Feb 2009
Schumer Asks Obama to Name a Top Aide as U.S. Attorney in New York
Filed under: Bharara, Preet, United States Attorneys, Schumer, Charles E, Manhattan (NYC) — @ 5:04 am

Senator Charles E. Schumer has recommended that the White House select his chief counsel, Preet Bharara, as the next U.S. attorney in Manhattan.

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Thu 12 Feb 2009
Ideas Could Save Money, and Raise Hackles
Filed under: Budgets and Budgeting, New York City — @ 5:04 am

An annual report details 18 new cost-saving measures as the city faces the prospect of billions in budget shortfalls.

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