BROWSE BY TOPIC
- Bad Brokers
- Compliance Concepts
- Investor Protection
- Investments - Unsuitable
- Investments - Strategies
- Investments - Private
- Features/Scandals
- Companies
- Technology/Internet
- Rules & Regulations
- Crimes
- Investments
- Bad Advisors
- Boiler Rooms
- Hirings/Transitions
- Terminations/Cost Cutting
- Regulators
- Wall Street News
- General News
- Donald Trump & Co.
- Lawsuits/Arbitrations
- Regulatory Sanctions
- Big Banks
- People
TRENDING TAGS
Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
ABOUT FINANCIALISH
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
SUBSCRIBE FOR
NEWSLETTERS & ALERTS
Hurricane Sandy Relief Bill Pushed Into Shadows of Fiscal Cliff Debates
[ by Melanie Gretchen ]
Governors Chris Christie and Andrew Cuomo lashed out at members of the House of Representatives on Wednesday, 1/2/13, after the $60.4 billion Superstorm Sandy Disaster Aid Bill was pushed aside and without explanation. The action taken by the lower house of Congress was tantamount to "a slap in the face," given the burdens that residents of New York, New Jersey, and Connecticut still continue to face. Governors Christie and Cuomo charged the lawmakers with a "dereliction of duty."
Certain Republican House members expressed concern with the bill, saying it contained a lot of pork that had nothing to do with Superstorm Sandy. An example given was funding for Alaskan fisheries.
What hurts the most is that coastline areas in all 3 states still are uninhabitable - for living or working. Thousands of individuals are out of work, are homeless, and will have no access to their neighborhoods for months. Many office buildings in lower New York cannot be used because building infrastucture and machinery were destroyed and cannot be repaired for months, in some cases.
It's been 2 months since the storm made landfall - and apparently, New York and its surrounding communities once again gets the short end of the stick. "This continued inaction and indifference ... is inexcusable."
For further details, go to [Reuters, 1/2/13].

