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02 Feb 2009 01:23

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Biz, U.S.: Sky-high rents in NYC aren’t looking so sky-high anymore

  • We had a truly un-New York experience with our old landlord begging us to stay.
  • Tom Botts • a 39-year-old New York City resident who found a drastically different landscape for renting when he and his wife, Libbie Rice, went apartment-hunting. Deals were all over the place, and his old landlord even offered to cut the rent if they stayed. Tenants like Botts are finding significant deals, even free months of rent, in a recession-belabored market. • source
Posted by Ernie Smith • 0 Comments • Permalink

02 Feb 2009 01:15

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Biz, U.S.: Did bailed-out banks hire foreign workers over U.S. citizens?

  • The numbers suggest it. Just before the economic collapse that required hundreds of billions of dollars in bailouts, banks were attempting to hire foreign workers en masse, an Associated Press investigation recently found. The dozen banks getting the biggest chunks of the $150 billion set aside just for them applied for 21,800 visas in the last six years. That number only increased over time; in fiscal 2008 alone, it was 4,163. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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