Author name: capstoneadmin

Construction Spending is Booming in New York Amid Certain Challenges

Despite the recent surge in construction spending in New York, recent reports indicate the number of permits issued are down compared with prior years. The building congress which promotes the construction industry in New York estimates that while construction spending will increase this year, only 20,000 residential units will be created. This number represents a …

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Regulators Remain Unconvinced of Big Bank’s Ability to Safely Wind Down in a Financial Crisis

 As part of the 2010 Dodd-Frank regulatory scheme, banks are required to submit an annual “living will” detailing, among other things, the bank’s operations and exposures, in addition to a plan of how the bank could be dismantled without relying on tax payer funded support in the event they reach a point of potential failure …

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