CT News Junkie

A Connecticut news site that understands the usual media offerings just…aren’t…enough.

Financial Sector

September 9, 2016

OP-ED | Who’s Minding the Store?

by Sarah Darer Littman | Sep 9, 2016 7:59am
Posted to: Analysis | Economic Development | Jobs | Opinion | Taxes | Stamford | Financial Sector

DECD's 2015 Annual Report
Earlier this week, Dealbreaker wrote a snark piece about how UBS Stamford’s trading floor transformation into “Connecticut’s largest laser tag arena” was “nearly complete.”

Continue reading "OP-ED | Who’s Minding the Store?" »

August 26, 2016

OP-ED | First Five Report Doesn’t Tell Us Much

by Sarah Darer Littman | Aug 26, 2016 7:00am
Posted to: Analysis | Business | Corporate Watch | Economic Development | Jobs | Opinion | Taxes | Financial Sector

CT.GOV
Curious taxpayers finally got a look at the state Department of Economic and Community Development’s long-awaited analysis of the First Five Plus economic incentive program on Tuesday. The document raises as many questions as it purports to answer.

Continue reading "OP-ED | First Five Report Doesn’t Tell Us Much" »

August 15, 2016

Malloy Responds To Trump’s Criticisms, Touts Summer Meal Program

by Christine Stuart | Aug 15, 2016 1:11pm
Posted to: Economic Development | The Economy | Technology sector | Financial Sector | Election 2016 | State Budget | Taxes | White House | East Hartford | Fairfield

Christine Stuart photo Republican presidential nominee Donald Trump pulled no punches Saturday when it came to the performance of Connecticut’s Democratic Gov. Dannel P. Malloy.

Continue reading "Malloy Responds To Trump’s Criticisms, Touts Summer Meal Program" »

June 3, 2016

OP-ED | Lembo Wisely Draws The Line On Crony Capitalism

by Terry Cowgill | Jun 3, 2016 4:30am
Posted to: Analysis | Business | Economic Development | FOIA | State Budget | Taxes | Transparency | Financial Sector

Christine Stuart file photo
The news last week provoked an uneasy mixture of disgust and resignation. Only weeks after the General Assembly passed a budget that included lay-offs of state employees and cuts in services, the state Bond Commission approved $22 million in loans and grants for the world’s largest hedge fund whose chief is ranked ninth on the Forbes 2016 list of hedge fund managers.

Continue reading "OP-ED | Lembo Wisely Draws The Line On Crony Capitalism" »

June 1, 2016

Banking Department Says Tribal Payday Lending Companies Don’t Have Sovereign Immunity

by Christine Stuart | Jun 1, 2016 4:30am
Posted to: Business | Consumer Protection | Legal | Tribes | Financial Sector

Connecticut’s Department of Banking has concluded that two payday lending companies owned by the Otoe-Missouri Tribal Nation are not protected by sovereign immunity and can be pursued by the department for violating Connecticut’s lending laws.

Continue reading "Banking Department Says Tribal Payday Lending Companies Don’t Have Sovereign Immunity" »

May 24, 2016

State To Give Hedge Fund Money for Expansion, Job Creation

by Christine Stuart | May 24, 2016 4:30am
Posted to: Business | The Economy | Financial Sector | Norwalk | Westport | Wilton

Courtesy of the DECD Plans to build a new waterfront headquarters in Stamford were scuttled, but the world’s largest hedge fund regrouped and will still receive money from the state to expand its footprint in Westport.

Continue reading "State To Give Hedge Fund Money for Expansion, Job Creation" »

May 19, 2016

Two Wall Street Firms Downgrade Connecticut Bonds

by Christine Stuart | May 19, 2016 2:17pm
Posted to: Business | The Economy | Financial Sector | State Budget | Pensions | Taxes | State Capitol | Wall Street

Two of the four Wall Street rating agencies lowered Connecticut’s credit rating one notch prior to an upcoming bond sale.

Continue reading "Two Wall Street Firms Downgrade Connecticut Bonds" »

May 12, 2016

Financial Services Corp. Warns Against Changes to Public Retirement Program

by Christine Stuart | May 12, 2016 4:30am
Posted to: Business | The Economy | Financial Sector | Jobs | Legal | Special Session | Pensions

A Fortune 100 financial services organization on Tuesday warned top lawmakers and Gov. Dannel P. Malloy that the revisions proposed to a state-run retirement program could end up costing individuals who participate in the plan.

Continue reading "Financial Services Corp. Warns Against Changes to Public Retirement Program" »

May 6, 2016

Malloy Threatens to Veto Public Retirement Bill

by Christine Stuart | May 6, 2016 11:33am
Posted to: Business | The Economy | Financial Sector | State Capitol | Wall Street

Christine Stuart photo Democratic Gov. Dannel P. Malloy said he would veto a bill championed by progressives that would create a quasi-public agency to administer a public retirement system for all private sector employees — if the legislature doesn’t fix it.

Continue reading "Malloy Threatens to Veto Public Retirement Bill" »

April 29, 2016

OP-ED | A Starting Point to Discuss Improving Connecticut’s Competitiveness

by Sarah Darer Littman | Apr 29, 2016 7:00am
Posted to: Analysis | Business | The Economy | Technology sector | Financial Sector | Jobs | Opinion | State Capitol

Earlier this month, the Business Council of Fairfield County Foundation presented a Connecticut Economic Competitiveness Diagnostic, prepared by McKinsey and Company, to the state’s Commission on Economic Competitiveness.

Continue reading "OP-ED | A Starting Point to Discuss Improving Connecticut’s Competitiveness" »

Social Networks We Use

Connecticut Network

Categories

Our Partners

Sponsored Messages