September 10th, 2009 was perhaps the best NYC night I’ve ever experienced. A Thursday night, the night before September 11th, that fateful day in 2001 for NYC that so many things changed for all of us. This September 10th, however, was celebrated by the fashion industry with an evening of late-night boutique parties throughout Soho and the Meatpacking in order to potentially jazz the fashion economy since it’d been down so hard since the crash in 2008 almost a year ago. Now, if bringing DJ’s and
Mayor Bloomberg, after he bullied, bought and persuaded the City Council to extend term limits so he could run for a third term as Mayor, said he would convene a charter commission to look at the issue again. I kid you not!
He has created a commission to review the City Charter - a set of rules for city governance. The result of the commission could be that term limits are put before the voters for a referendum. They were last time, and we voted to limit term limits, but who is paying attention!
Bloggers, and those who file for non-traditional news outlets, scored a victory this week. Three New York reporters, Rafael Martrinez Alequin, Ralph E. Smith and Davis Wallis won a lawsuit they'd filed against the New York City and NYPD because they were denied working press passes.
An article written by Christopher Ketcham, an investigative reporter, was just published in GQ online, and is the result of a year long investigation into cell phones and their possible effects on our health. Titled Warning: Your Cell Phone May Be Hazardous to Your Health, the article is a wake up call to the American public about the lack of research being done in the U.S.
Taking a leaf from the dissenter's skill book to organize and protest, now Wall Street Traders are getting all grassroots and starting a non-partisan defense campaign to fight the Obama Administration's proposed bank regulations and defend their right to create wealth. Except they don't really create the wealth, but that's subject for a longer post.
A Congressional inquiry commission is studying the financial crisis and invited the heads of the biggest banks to answer questions Wednesday.
Phil Angelides, the chair of inquiry panel asked Goldman Sachs' CE Lloyd Blankfein " How do you go the rating agencies (Standard & Poors, Moodys & Fitch) and presuade them to give these subprime mortgage-related securities the highest ratings, at the same time as you have internal information that leads you to believe that in fact those securities may fail?.
In the city elections, Bill de Blasio became the new Public Advocate, the city's ombudsman and the second highest elected official responsible for monitoring and reviewing city agencies, and is next in line to succeed the Mayor if the mayor is unable to serve.