Wall Street

Wall Street Bonuses Are Up 8%! Happy Hump Day!

No better time than a Wednesday to hear a headline we're unfortunately (yet willingly) accustomed to. New York State Comptroller Thomas DiNapoli announced yesterday that the collective pool of Wall Street bonus rewards is now up to $20 billion, showing a 8 percent rise in extra paychecks to the den ... More >>

Comptroller Thomas DiNapoli: Wall Street Is Doing Kinda/Sorta Better Than You

Whether you're a part of the 47 Percent, the 99 Percent, the 1 Percent or some other slogan-driven demographic, this news should not surprise you: Wall Street is making a ton of money. Actually, it had its 5th best start of all time, doubling its profits from last year. In 2012 alone, the securities ... More >>

Baruch College's Zicklin School of Business Plagued by "Culture of Cheating"

Not satisfied with merely swindling ordinary Americans out of their money in the stock market, some of New York's Wall Street types also find it necessary to cheat their way through business school as well. The New York Post reports that a "culture of cheating" is so pervasive at Baruch College's ... More >>

Free Ice Cream Sandwiches from Coolhaus Today!

Midtown Lunch gives us the heads up that Coolhaus, who made the Voice "best mess" last year, will be giving away free ice cream sandwiches later on this afternoon.

Artist Zefrey Throwell On His 'Ocularpation' and Occupy

Of all the nude people we covered this summer, one in-the-buff group now seems oddly prescient. On August 1, artist Zefrey Throwell staged "Ocularpation: Wall Street." At first, the 50 performers were dressed as people who work on Wall Street -- businessmen and janitors alike. Then, they stripped. S ... More >>

Wall Street Bull Still Behind Barricades; Tourists Angry

Tourists are now mad at Wall Street too. Or at least they are mad around Wall Street. Why? According to the New York Post, the famous Wall Street bull is still behind police barricades in the wake of Occupy Wall Street's stay in Zuccotti Park, "enraging" (enraging!) tourists. Now, this is something ... More >>

Occupy Wall Street National Day of Action: Live Updates From Downtown Manhattan

Nick PintoThe NYSE, which protestors did not stop from opening today​Good afternoon, and welcome to the evening edition of the Village Voice liveblog of Occupy Wall Street's Day of Action. Today, November 17, marks the two month anniversary since Occupy Wall Street began in Zuccotti Park. Pro ... More >>

Occupy Wall Street's Big Plans For Its Two-Month Anniversary

​Occupy Wall Street will be two months old on November 17th, and it's pulling out all the stops. It was announced on the occupation's main Twitter account at the end of October that something would be going down, and now we know: the plan is to "shut down" Wall Street and the New York Stock Ex ... More >>

Occupy! Gazette Flooding the Occupy Wall Street Print Media Zone

Kickstarter​Because the Occupied Wall Street Journal apparently doesn't fill the print media needs of the movement, n 1 is following up their personals ads with the Occupy! Gazette. According to the project's Kickstarter, n 1 recruited Astra Taylor, the documentary filmmaker who made Zizek! an ... More >>

Top 10 Reasons Why So Few Black Folk Appear Down To Occupy Wall Street

What the 1% Say: Grading Bankers' Aloofness

​After entrenching themselves in Zuccotti Park for weeks, the Occupy Wall Street protesters have finally grabbed the attention they originally sought. What started as a largely ignored sideshow is now a global phenomenon, and the demonstrators' voices are being heard from Wall Street to The Ha ... More >>

Upper East Side Cabbies Only Want to Go to Wall Street

​A number of cabbies are being charged with a hideous crime, which is...they don't want to take passengers anywhere but Wall Street, according to the Daily News. We presume this has nothing to do with the Occupy Wall Street movement. But at any rate, passengers waiting at an upper East Side ta ... More >>

Right-Wing Sites Succumb To Silly Occupy Wall Street Conspiracies

A wave of reports "exposing" the secret liberal money behind the Wall Street occupation has been cresting over the right-wing blogosphere, which has been at a loss to explain how a movement of dumb dirty hippies has managed to build up attention and support rather than explode or fade away. The answ ... More >>

'Occupy Fountains' Ride Planned for Today in Midtown

"Occupying" is clearly not confined to Wall Street, having occurred over the weekend in Washington Square Park and, we hear, being planned for Tompkins Square Park this coming Saturday and Sunday. All the while, Occupy Wall Street Protesters are remaining at base camp in Zuccotti Park, where Mayor ... More >>

Occupy Wall Street March Sullied By Violent Altercations With Police [Update: Ray Kelly's Response]

At the tail end of last night's Occupy Wall Street march from Foley Square to Zuccotti Park with major unions (and a guest appearance from Michael Moore), the facilitator of the Zuccotti rally announced a march on Wall Street. As it turned out, it was an unauthorized march, as we discovered when we ... More >>

Activism Is Hot Again! Long Live Generation Outrage!

​Whenever people are complacent and have most of the things they need, they generally don't protest that much. It takes a jolt to ignite their asses onto the street to fight for their lives, whether it be the beginning of ACT UP in the '80s, the Million Man March in '95, the anti-war protests ... More >>

Occupy Wall Street, Day Three: Inefficiency Starts to Cripple Protest

This is what democracy looks like.​The Occupy Wall Street protest drew thousands of demonstrators to the Financial District this weekend, when the markets were closed and the neighborhood was largely a ghost town. This morning, as the inexplicably-timed protest entered its third day, demonstr ... More >>

On Saturday, 20,000 People Could Be Doing Yoga and Dancing to 'Thriller' on Wall Street

​On September 17, 20,000 people will pitch tents and set up kitchens at Chase Manhattan Plaza in an occupation of Wall Street that will last for months -- or at least, that's what the organizers of Occupy Wall Street are hoping for. According to them, the event will involve a couple thousand p ... More >>

The New Wall St. Burgers Truck Uses Grass-Fed Beef, 'Handpicked' Produce, 'Cage-Free' Chickens...and Kraft Cheese

​Just because the streets of Midtown are no longer safe for mobile entrepreneurs doesn't mean they won't keep trying. According to Midtown Lunch, a new truck called Wall St. Burgers was spotted on the corner of Park Avenue and 55th Street last Friday. There's no word yet about the merits of th ... More >>

Occupation of Wall Street Happening In September; Planning Meeting Tomorrow

​On September 17, Wall Street will be occupied. Not by warring/face-grabbing traders and not by troops sent in to put the volatile area under martial law, but by protesters who are going to "set up tents, kitchens, peaceful barricades and occupy Wall Street." #OccupyWallStreet has been organiz ... More >>

Performance Art Brings Naked People To Wall Street

via Gawker​This morning 50 people got naked on Wall Street. Nope, it wasn't a rebellion staged by haggard I-banking interns who had spent one too many late nights glaring at Excel spreadsheets: it was performance art! As a part of "Ocularpation: Wall Street" created by artist Zefrey Throwell, ... More >>

Olek, NYC's Favorite Crocheter, Is Making a Movie

Olek, the fabulous lady who has crocheted cars, bicycles, humans, and the Wall Street bull (among other things) is now collaborating on a movie called Yarnana, which will be all about her "crochet madness." It'll be shot in mid-July in the city, and casting is currently underway. Gina Vecchione and ... More >>

Wall Street Bonuses Down, But Nobody's Making Less

With profits higher than ever on Wall Street, executives are starting to shift their compensation packages away from bonuses and into higher salaries, State Comptroller Tom DiNapoli said in an annual report today. While Wall Street salaries were up by six percent in 2010, bonuses declined by 8 perc ... More >>

Mayor Bloomberg and Bonuses: A Classic Flip-Flop?

Bonus baby​One major theme of Mayor Michael Bloomberg's State of the City Address yesterday was his call for belt tightening in light of spending cuts and tough economic times. The mayor specifically brought up one example of spending that he hopes to eliminate: the $12,000 annual Christmas b ... More >>

Wall Street Bull Gets Snazzy New Yarn Coat, Briefly

via Bowery Boogie​Before the great snowstorm of 2010 got started, Lower East Side artist Olek, who really can crochet anything (cars, bikes, baby bikes, people), managed to crochet the Wall Street bull. Which would have made him a nice warm coat for the snow had city officials not ripped it aw ... More >>

BOOKSHAKALAKA: The National Book Awards Jam Throws Down for 2010

The 2010 National Book Awards at the Cipriani Wall Street ballroom. All the people who were at these tables are still hungover.​An unlikely ballroom of people in the troubled business of literature -- publishers, editors, writers, reporters, and respective sycophants -- gather yearly to ostens ... More >>

Breaking: Wall Street Unexpectedly Happy Today

​Shares on Wall Street surged -- surged, mind you! -- today, surprising dour-faced predictors everywhere. Thanks to growth in China and Australia, maybe we won't have to face Recession 2.0, a/k/a, "global economic sloooowwwdown" after all. Also, the U.S. manufacturing sector grew faster than e ... More >>

Happy Hour at Bar Seven Five: $4 Beer, $6 Wine (Plus Reverse Happy Hour on Weekends)

thrilist.comHurray for opposite day.​The thing about happy hour is that it tends to roll around at precisely the time of day you're least likely to be in a bar. For example, the new happy hour at Bar Seven Five, the swanky lounge in the new Andaz Wall Street Hotel, is from Monday to Friday, 4- ... More >>

Wall Street Bees to Move to Connecticut, Just Like Actual New Yorkers

The bee man does his thing.​A swarm of "worker" (har har) bees was seen hanging around the door of Cipriani's at 55 Wall Street on Monday in an unprecedented event that attracted a huge crowd of video-taping onlookers and many, many news stories from editors who'd been just aching for a pun al ... More >>

Wall Street Runs for Congress

Lots of hedging from Carolyn Maloney's foe, hedge fund lawyer challenger Reshma Saujani

New Ad Calls for Pinky-Ringed Wall Streeters to Do the Right Thing

​For the two or three of you out there who still watch commercials, you're about to start seeing a rather amateurish statewide ad that asks -- nay, demands! -- Wall Street and big businesses (who all smoke cigars, wear multiple gold rings, and take their Pellegrino with lemon, thank you very m ... More >>

Wall Street Reform Gone Renegade, Now Extends to Rooftop Dog Poo

​As if there isn't enough evidence for your fellow countrymen to feel like the "fat cats" on "Wall Street" have "(defecated) the bed" on our country's "money" -- now we have to deal with the fact that it's coming from high above, and it's coming from their dogs. But one man felt it went too fa ... More >>

Hopping Around Wall Street's Holiday Parties—Or Lack Thereof

Open & Closed: Say Hello to Robert; Goodbye to Club Duvet

Robert, the new restaurant at the Museum of Arts and Design, will serve American classics. It's named for Robert Isabell, the late event planner who helped create it. [NY Times] The Belgian Room has opened in Alphabet City, with a selection of Belgian brews and snacks such as pommes frites, moules, ... More >>

Survey: Data Theft is Wall Street Drones' Unemployment Insurance

​Knowledge is power! A recent Cyber Ark Software survey reveals a boom in data theft among workers on Wall Street and at Canary Wharf in London. A quarter of respondents professed a willingness to take data from their employers, though 85 percent of them know it's illegal. The survey suggests ... More >>

ALL THE RAGE

Suits on Wall Street can use a little pillow love

Dow is down; GM bankruptcy fear is up

Grim developments this morning on Wall Street. See, among other stories, the Journal's "Dow Flirts with November Low." So what else is new? Actually, there is something: A reconstruction of this blog to focus on the continuing bad economic news. Watch this space.

Giuliani Sides Against Obama, Says Bonuses "Create Employment"

Missouri Senator Claire McCaskill is on the same page as President Obama, calling the Wall Street firms that took TARP money and then paid lavish bonuses "idiots," and proposing a bill to cap executive compensation of employees at such firms at $400,000 a year, which we're sure someone will say is g ... More >>

Wall Street Bonuses: "Plummeted" or "Hefty"?

Sometimes the New York Times leads consensus, sometimes it follows it. Rarely does it break with consensus, which is what's interesting about today's "What Red Ink? Wall Street Paid Hefty Bonuses" story. The paper reports the $18.4 billion workers in the securities industry collected as bonuses "w ... More >>

Bernanke supposedly panicky? What else is new.

Henry Paulson ends bailouts, saying, 'Mission accomplished!'

Cuomo sees light, follows profit

Best of NYC 2008

Back to the streets

Daily Flog II: Hedge funds to the rescue; kitten-burgers in Peru

Times: Luxury Boxes Selling OK. (Also Selling on Craigslist.)

We Save Wall Street!

House rejects bailout; Dow plummets

Serrano NYC's Only Bailout Holdout

Union Protesters to Wall Street: Bullshit, Bastards, Etc.