Tag - New York

Outstanding Photographs from New York City 1968-1978

mcdonoughThe Mail Online published an well presented collection of outstanding photographs from New York City, mostly Manhattan, from a fascinating period, 1968 through 1978. (Image)

Middle class white-flight was nearly complete by the late 1960s leaving a city consisting of the very wealthy, working people, and a collection of energetic twenty-somethings.  These folks had no desire to live the suburban dream, regardless of their ability to afford an exit.

The elegant and courageous Mayor John Lindsay was on his way out.  Shortly after he left office, the city was broke, an object of derision for the for the rest of the nation.  We didn’t care.  We knew better.  It was a special time when an ordinary walk would often turn into an adventure of the imagination; when you could easily see the Vienna Symphony and Count Basie on successive Fridays and Carnegie Hall; when you were able to meet just about anyone if you had something to contribute to the conversation; and,  when it was natural (and expected) to say, “Hi, how are you?” to luminaries from Lauren Bacall to John and Yoko Ono if you ran into them at close quarters in Central Park or the grocery store.

I got there in 1972.  I can attest to the fact that McDonough captured the spirit of the times with all of the natural strangeness and wonder available just outside your front door, 24 hours a day.  He is the Richard Avedon of the demimonde and common scenes represented in this very special work.

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Hurricane Sandy and Climate Change Perceptions in the U.S. (VIDEO)

Via New Security Beat:

Did Hurricane Sandy change the discussion about climate change in the United States? In this latest episode of the Wilson Center’s Dialogue program, Senior Wilson Center Advisor and Ohio University Professor Geoff Dabelko joins host John Milewski to discuss the potential impact of Sandy on climate policy and dialogue in the United States with Darryl Fears (The Washington Post) and Bob Deans (Natural Resources Defense Council).



PreviouslyChristie Blasts House G.O.P. Over Stalled Sandy Aid Bill

About time! New York Charges JPMorgan with Mortgage Fraud

Michael Collins

(New York Times, Oct 1)  “The federal mortgage task force that was formed in January by the Justice Department filed its first complaint against a big bank on Monday, citing a broad pattern of misconduct in the packaging and sale of mortgage securities during the housing boom. The civil suit against Bear Stearns & Company, now a unit of JPMorgan Chase, was brought in New York State court by Eric T. Schneiderman, the state attorney general.”

Schneiderman charged Bear Sterns and JPMorgan, which acquired Bear, with fraud under the state’s Martin Act.  Unique to New York, the act allows prosecutors the ability to vigorously pursue financial fraud with both civil and criminal charges. The investigative powers provided are broader than those found in any state or among regulators (e.g., the Securities and Exchange Commission). Read More