Mayor Marvin and Administrator Porr III on Westchester On the Level with Narog and Aris

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New Rochelle, NY — Village of Bronxville Mayor Mary C. Marvin and Administrator Harold Porr III will  open our 10:00 am hour  on Wednesday, October 12, 2011. At 11 am, Hezi Aris will discuss the implications of the 5-2 vote for the almost $100 million General Obligation loan encumbered by the Yonkers City Council , as well as the contractual agreement between …

eHeziMayor Marvin and Administrator Porr III on Westchester On the Level with Narog and Aris

Mike Spano Calls for Hiring Freeze in Light of Moody’s Downgrade

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Cites Councilman Murtagh’s Lack of Oversight In light of Moody’s recent downgrade of Yonkers’ bond rating, Assemblyman Mike Spano today called upon the City to adopt an immediate hiring freeze, noting that fifty non-police or fire employees have been hired in the past three months alone. Spano also said City Councilman John Murtagh, who has been on the council for …

eHeziMike Spano Calls for Hiring Freeze in Light of Moody’s Downgrade

Carlo Calvi Responds to Moody’s Investor Service Downgrade of Yonkers Bond Rating

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This bond downgrade is a serious sign of the brink of financial disaster at which the City stands. “I told you so”, as far back as 1998, when as a City Council Member, I warned of excessive and unnecessary borrowing, excessive spending in city departments, waste in both city and education budgets and  lavish union contracts along with grossly exaggerated …

eHeziCarlo Calvi Responds to Moody’s Investor Service Downgrade of Yonkers Bond Rating

Current Commentary: Breaking Dishes in the Credit Market BY Larry M. Elkin

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Parents have a sixth sense that warns us when a small child has been too quiet for too long. We call out “What are you doing?” and the little munchkin chirps back, “I’m helping you! I’m washing all the nice china!” The next thing we hear is a loud crash.

eHeziCurrent Commentary: Breaking Dishes in the Credit Market BY Larry M. Elkin