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AMNY: ...MTA to layoff more than a 1,000 workers, an unprecedented move for the agency, according to transit sources.

Officials are expected to announce Tuesday that they plan to lay off 500 subway station agents who provide customer information and keep watch on the system. The MTA was letting the workers go through attrition, but now plans to boot them by the summer, sources said...

Additionally, the MTA plans to lay off up to 18 percent of administrators by the summer, with possible cuts of about 700 workers, sources said. Down the road, officials also might remove some newly hired bus drivers.

The MTA declined comment. A union spokesman said they had not heard anything definitive about layoffs...

NY State: The New York State Office of the State Comptroller released its annual Wall Street bonus report...


Rewind: Feb. 19, 2010: John Lanchester offers his particular take on the global economic crisis in his new book, I.O.U.: Why Everyone Owes Everyone and No One Can Pay...

-- "The median income in the U.S. hasn't gone up since the '70s -- since 1975... The ordinary people aren't getting any better off. And I think the end of the Cold War is one of the reasons for that."

[Rewind: Dec. 3, 2009: Elizabeth Warren via HuffPo: Families understand with crystalline clarity that the rules they have played by are not the same rules that govern Wall Street.]

[Rewind: Sep. 11, 2009: USA Today: Americans' household income last year took the sharpest drop since the government began keeping records in 1947, the Census Bureau reported... Median household income sank 3.6%... Income tumbled to its lowest dollar level since 1997 — a decade's worth of gains wiped out in one year...]

Rewind: Feb. 19, 2010: NYC: New York City Council Speaker Christine Quinn delivered her State of the City address...


Rewind: ...2009/12/nyc-council-speaker-pitches-foodworks.html