Gov. David Paterson says the loss of tax revenue from just six executives of Goldman Sachs will cost New York $178 million.
The executives complied with the urging of New York Attorney General Andrew Cuomo and others who said in November that major Wall Street companies benefiting from federal bailouts shouldn't pay out the usual huge bonuses to executives.
Paterson says it is the right thing to do, but the result is a further hit to the fiscal crisis of state government.
Copyright 2008 Associated Press. All rights reserved. This material may not be published broadcast, rewritten, or redistributed
'Business' 카테고리의 다른 글
| Judge toughens Madoff's home detention rules (0) | 2008.12.20 |
|---|---|
| Auto Rescue Fails To Inspire Investor (0) | 2008.12.20 |
| Ford Will Need Help, Too (0) | 2008.12.20 |
| Winter storm rips into Midwest, Northeast (0) | 2008.12.20 |
| How To Avoid A Wintertime Injury (0) | 2008.12.20 |
