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Reps vote against tax increase - Connectcut Plus
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Monday, 25 April 2011
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Reps vote against tax increase
Connectcut Plus
In raising all these taxes, we are urging the very people we want to stay in Connecticut to relocate to more tax friendly states," said Rep. Gibbons. “We are all working to rebuild Connecticut's economy, but taxing our way out of this fiscal hole in ...

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Soaring Gas Prices Fueling Drivers' Pain at the Pump - Patch.com
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Monday, 25 April 2011
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Soaring Gas Prices Fueling Drivers' Pain at the Pump
Patch.com
With gas prices soaring past $4 per gallon and no foreseeable end in sight, Connecticut drivers are feeling the pain at the pump, and in their pocketbooks, with every fill-up. As the national average closes ...

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What's On Your Mind? - New York Daily News (blog)
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Monday, 25 April 2011
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What's On Your Mind?
New York Daily News (blog)
I've been in and around state government since my first summer in Albany when I was a junior at the University of Connecticut. I've been in all three branches of state government and spent a semester as an intern in the Attorney General's office while ...

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Dudley Seeing Interest on Reserves as Tool of Choice Sparks New Fed Debate
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Sunday, 24 April 2011
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Federal Reserve officials are staking their inflation-fighting credibility on an untested tool: the power to pay interest on bank reserves.
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Dudley Seeing Interest on Reserves as Favored Tool Spurs Debate - BusinessWeek
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Sunday, 24 April 2011
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Dudley Seeing Interest on Reserves as Favored Tool Spurs Debate
BusinessWeek
The Fed probably would like to mimic the so-called corridor system in Europe, where the deposit rate acts as a floor to the overnight lending rate, according to Stephen Stanley, chief economist at Pierpont Securities LLC in Stamford, Connecticut. ...

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Bill aims to collect sales tax from online retailers
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Sunday, 24 April 2011
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Consciously or not, many of Connecticut's online shoppers are tax cheats. State law requires that when residents buy electronics, books, pricey clothing and other goods over the Internet and aren't automatically charged the 6 percent Connecticut sales tax, they must self-report and pay that sales tax on their annual income tax returns.
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Has US forgotten it has a strong dollar policy?
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Sunday, 24 April 2011
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For years, US Treasury secretaries parroted a line that America was committed to a strong dollar policy.
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No more unemployment checks: State goes digital - TheDay.com
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Sunday, 24 April 2011
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No more unemployment checks: State goes digital
TheDay.com
The Great Recession, which wrung out the state's economy from March 2008 through January of this past year, brought high unemployment rates to the state. Even in March, Connecticut's jobless rate stood at 9.1 percent, compared to a national rate of 8.8 ...

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Malloy's search for DOT commissioner still on - Ct Post
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Saturday, 23 April 2011
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Malloy's search for DOT commissioner still on
Ct Post
"Connecticut is among a small group of states where the DOT is the lead agency for transit, which makes it an attractive position, especially for someone with a transit background," Horsley said. "I don't know anybody who takes the helm of a state DOT ...

and
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Gourmet Power Alters Geography of Global Finance
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Saturday, 23 April 2011
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The relentless rise of electric power prices combined with proliferating demand for high-quality or "gourmet" power has set the stage for a major shakeout in the geography of global finance over the next decade.A Gourmet or premium power refers to highly-reliable electric power supplies that deliver service within a narrow voltage range and
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“Gourmet Power” Alters Geography of Global Finance - Forbes (blog)
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Saturday, 23 April 2011
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Forbes (blog)

“Gourmet Power” Alters Geography of Global Finance
Forbes (blog)
In Connecticut, the city of Stamford convinced the Royal Bank of Scotland to move its North American headquarters to the city. In addition, former Stamford Mayor Dan Malloy, who was elected governor of Connecticut in 2010, persuaded Swiss-banking giant ...

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Weston Man Pleads Guilty on Mortgage Fraud
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Friday, 22 April 2011
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The following is a press release sent by Thomas Carson on behalf of the U.S. Department of Justice.
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Causeway Square faces foreclosure on $53M loan
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Friday, 22 April 2011
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A foreclosure lawsuit targets Causeway Square, built in 2009 at 1801 N.E. 123rd St.
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CT Nonprofits respons to budget proposal - Connectcut Plus
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Friday, 22 April 2011
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CT Nonprofits respons to budget proposal
Connectcut Plus
“Nonprofits and those we serve have faced years of chronic underfunding and the results have only been compounded by the recession and current economy. Our members have faced three years in a row without a cost-of-living adjustment (COLA) coupled with ...

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Today It's All About the Earth
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Friday, 22 April 2011
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Mostly sunny this morning...then becoming cloudy. Patchy frost this morning. Highs in the lower 50s.
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Dime Bank names new CFO as part of top-level transition
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Friday, 22 April 2011
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The Dime Bank has tapped a former NewAlliance Bank executive with extensive industry experience to be its next chief financial officer.
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Dismayed, Frey votes against tax package - Ridgefield Press
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Friday, 22 April 2011
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Ridgefield Press

Dismayed, Frey votes against tax package
Ridgefield Press
Frey said, “This tax package will only make Connecticut less competitive relative to states that have lower tax rates or do not have an income tax at all. When are the Democrats in Hartford going to realize that Connecticut does not have a revenue ...

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Fairness demands return of ill-gotten Madoff gains
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Friday, 22 April 2011
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Are all Bernard Madoff investors victims? No. Some made money. However, it seems, some who are not victims now are trying to protect what were ill-gotten gains.
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Bank donates mural to New Canaan Town Hall
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Thursday, 21 April 2011
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First County Bank President Rey Giallongo, New Canaan First Selectman Jeb Walker, Selectman Robert Mallozzi III and First County Bank AVP/Branch Manager Michael Victor, in front of the painting on the first level of town Hall The entranceway to New Canaan's Town Hall Auditorium just became a lot prettier thanks to a painting donated by First
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Analysis: Has the US forgotten it has a strong dollar policy? - Reuters
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Thursday, 21 April 2011
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Reuters

Analysis: Has the US forgotten it has a strong dollar policy?
Reuters
"It's implicit in the administration's call for a doubling of exports, that can't happen without the dollar falling," said David Gilmore, a partner at FX Analytics in Essex, Connecticut. The US government's consistent pressure for a revaluation of
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How green is Mayor Bill Finch? - Ct Post
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Thursday, 21 April 2011
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How green is Mayor Bill Finch?
Ct Post
Photo: Brian A. Pounds / Connecticut Post | Buy This Photo Bridgeport Mayor Bill Finch gets some gardening help from eight-year-old Taylor Middlemass Wednesday, April 20, 2011 outside Eisenhower Senior Center in Bridgeport, Conn. ...

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Connecticut Man Admits Participating in Mortgage Fraud Conspiracies
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Thursday, 21 April 2011
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David B. Fein, United States Attorney for the District of Connecticut, announced that STEVEN J. KOTTAGE, 45, of Weston, pleaded guilty today before United States District Judge Mark R. Kravitz in New Haven to two counts of conspiracy stemming from mortgage fraud schemes in which KOTTAGE participated.
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German Software Company Breached, Customer Data Stolen
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Thursday, 21 April 2011
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German computer software company Ashampoo, known for its Windows utilities, has been targeted by attackers that managed to gain access to its customers database and possibly obtained data such as names and email addresses.
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US High School Students Solve The Euro's Challenges? - PR Newswire (press release)
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Thursday, 21 April 2011
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US High School Students Solve The Euro's Challenges?
PR Newswire (press release)
The Euro Challenge fosters a better understanding of the European economy and transatlantic economic relations, and it supports local learning objectives in economics and finance. The competition continues to expand nationally. ...

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TREASURIES-Bonds gain on weaker economic data - Reuters
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Thursday, 21 April 2011
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TREASURIES-Bonds gain on weaker economic data
Reuters
Also, the US Federal Housing Finance Agency said US home prices fell 1.6 percent in February from January and were down 5.7 percent in February 2011 from February 2010. "The data released Thursday morning showed the economy is losing forward momentum," ...

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First Niagara Meets Estimates; Shares Dip
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Thursday, 21 April 2011
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First Niagara Financial Group saw its shares slide 2% in early trading Thursday to $13.69, after the lender reported first-quarter operating earnings of $49.8 million, or 24 cents a share, matching the consensus estimate among analysts polled by Thomson Reuters.
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Four Conspirators Guilty of Mortgage Fraud Scheme
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Thursday, 21 April 2011
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A Hartford, Conn., jury has found four more individuals guilty of multiple federal offenses related to their participation in an extensive mortgage conspiracy that defrauded lenders of more than $3.2 million.
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DiManno: Kate Middleton is a juggernaut for Britain's ailing economy
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Thursday, 21 April 2011
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When the going gets tough, the tough go shopping. Kate Middleton went shopping this week.
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Conn. GOP lawmakers unveil no-tax hike budget - BusinessWeek
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Thursday, 21 April 2011
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Housatonic Times

Conn. GOP lawmakers unveil no-tax hike budget
BusinessWeek
Republican state lawmakers, frustrated by what they see as a Democratic march toward higher taxes in Connecticut, unveiled their own budget on Tuesday that doesn't increase taxes and instead calls for cutting 2700 state jobs, ...
Dems Approve Malloy's Tax Package;
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Yardney gets a warm welcome in R.I.
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Thursday, 21 April 2011
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Richard M. Scibelli stood inside a vacant manufacturing building Wednesday morning, welcomed by those who helped make possible the Connecticut high-tech battery maker's upcoming move to Rhode Island.
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Mass. bank to purchase Bancorp R.I.
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Thursday, 21 April 2011
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Rhode Island's second-largest independently owned bank, Bank Rhode Island, will be purchased by a Massachusetts bank, another sign that community banks are ripe for a new round of mergers.
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Bridgeport-based People's United Bank Parent Company Announces Strong First Quarter Results
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Thursday, 21 April 2011
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The Bridgeport-based parent company of People's United Bank announced first-quarter net income late Wednesday that was almost four times that of a year ago.
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DiManno: Kate Middleton a juggernaut for Britain's ailing economy
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Wednesday, 20 April 2011
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When the going gets tough, the tough go shopping. Kate Middleton went shopping this week.
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NY-CT Mayors, County Execs, Planning Orgs Launch Unprecedented Bi-State ... - Talk of the Sound
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Wednesday, 20 April 2011
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Talk of the Sound

NY-CT Mayors, County Execs, Planning Orgs Launch Unprecedented Bi-State ...
Talk of the Sound
An Advisory Board will initially consist of eleven state agencies and non-profit organizations, including the Connecticut Housing Finance Agency; Connecticut Department of Economic and Community Development; New York State Department of
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Activists Shift Attention Back to Big Banks
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Wednesday, 20 April 2011
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Bank of America paid no federal taxes in 2009 and 2010. Melissa and Leo Pernice of Hamden want Connecticut's largest bank to pay it's fair share.
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Big profit gains for Minnesota companies
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Wednesday, 20 April 2011
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Wells Fargo & Co. on Wednesday reported a 48 percent jump in its first-quarter profit, helped by improved credit quality and capital ratios.
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Record Q1 profitfor Wells Fargo
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Wednesday, 20 April 2011
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Wells Fargo & Co. -- Colorado's largest bank -- said Wednesday it saw record profit of $3.76 billion in the first quarter, but revenue dipped.
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Hoo Boy! Bonus Week for Malloy's Top Officials
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Wednesday, 20 April 2011
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This week, senior appointees of Gov. Dannel Malloy will be among the 32,239 state employees with more than 10 years of state service splitting between them just over $20 million in longevity payments, according to a database obtained from the state comptroller's office.
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Study approved for renovation of Bridgeport theaters -- with strings attached - Ct Post
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Monday, 18 April 2011
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Study approved for renovation of Bridgeport theaters -- with strings attached
Ct Post
"I think some people have made the case that revitalizing downtown Bridgeport is an important piece of the economy of southwestern Connecticut," Williams said, proposing an amendment requiring the DECD to accomplish the study within its normal workload
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Video Wars With billions of dollars at stake, the Hollywood studios...
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Monday, 18 April 2011
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With billions of dollars at stake, the Hollywood studios are counting on former Senator Chris Dodd to throw around his considerable weight.
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10 Questions With Incoming Rockville Bank CEO William Crawford
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Monday, 18 April 2011
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William H.W. "Bill" Crawford IV, 45, a veteran of the banking industry, most recently with Wells Fargo, was named the successor to longtime Rockville Bank President and Chief Executive Officer William "Bill" J. McGurk in January 2011.
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Fairfield County Bank Safeguards Commercial Customers From Cyber Thieves With IronKey Trusted Access
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Monday, 18 April 2011
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In keeping with industry recommendations on how to safeguard accounts from escalating financial malware attacks, Fairfield County Bank, located in southeastern Connecticut, is proactively moving to protect its business clients before criminals can strike.
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6 states, DC hit $4/gallon gas - Citizens Voice
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Monday, 18 April 2011
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6 states, DC hit $4/gallon gas
Citizens Voice
On Sunday, the Empire State became the sixth state to top $4 for the average price of a gallon of gas, joining Alaska, California, Connecticut, Hawaii and Illinois, according to AAA's Daily Fuel Gauge. The average rose above $4 per gallon in Washington ...

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Rising Oil Prices Have US-led Western Economies Constantly Worried - Hamsayeh.Net
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Monday, 18 April 2011
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Hamsayeh.Net

Rising Oil Prices Have US-led Western Economies Constantly Worried
Hamsayeh.Net
The states of Alaska, California, Connecticut, Hawaii and Illinois already have their gas prices set at $4 a gallon and in Washington DC it rose to more than $4. Among US states, Hawaii has the highest price at $4.48. Economists say a single dollar of ...

and
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Lehman, New Stream, Innke...
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Monday, 18 April 2011
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Lehman Brothers Holdings Inc. received authorization from the bankruptcy judge on April 14 to carry out its part of the bankruptcy reorganization of Innkeepers USA Trust, a real estate investment trust that owns 72 extended-stay hotels.
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NYC loses Glenn Beck
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Sunday, 17 April 2011
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A On Saturday, conservative talk show host Glenn Beck announced he will soon be moving out of NYC.
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Big victory for U.S. as cybercrime ring shut down
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Sunday, 17 April 2011
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A Business A A A Energy Sports A A A A Entertainment A A A A Life A A A A Health A A A A Technology A A A A Travel A A A A Jobs A A A A Cars A A A A Homes A A A A Classifieds A A A A A A A computer virus, dubbed Coreflood, infected more than two million PCs, enslaving them into a "botnet" that grabbed banking credentials and other sensitive data
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CT Watchdog: Beware some gift certificates - TheDay.com
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Sunday, 17 April 2011
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CT Watchdog: Beware some gift certificates
TheDay.com
Please check out his site, www.ctwatchdog.com, for comprehensive consumer, health, finance, nutrition, Connecticut grown food, elderly issues, media, internet, computer, travel and education tips.

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George Will | Fed's 'free money' policies consume wages
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Sunday, 17 April 2011
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KANSAS CITY, Mo. - The lobby of the Federal Reserve Bank building here contains a money museum where a sign offers visitors 'Free Money.' It is an amusing anomaly, considering the views of the man in charge of the building.
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FBI disrupts International cyber fraud Botnet operation
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Saturday, 16 April 2011
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A Botnet is a network of virus-infected computers which are being controlled by the attacker.
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