NY WILL TAKE $1B HIT: GOV By SALLY GOLDENBERG in NY and FREDRIC U. DICKER in Albany Click to learn more... September 16, 2008 -- Gov. Paterson warned yesterday that the crisis on Wall Street could cost the state $1 billion in revenue over the next six months and wipe out as many as 30,000 jobs, while Mayor Bloomberg insisted the city would weather the storm. "While the full impact of these events may not be known for months or even years, the fact that financial-services firms that were able to survive the Great Depression, world wars and the Sept....
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NY WILL TAKE $1B HIT: GOV (NYC Mayor insists the city would be fine))
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