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The New Deal and Recovery, Part 13: Fear Itself (Continued)

New Deal hampered recovery by causing businessmen to fear policy changes that might render their investments unprofitable.)
Insull s Monstrosity
The 1935 Revenue Act wasn t the only measure that had businessmen and investors shuddering that August. Less than a week after it became law, FDR signed the still-more controversial Public Utility Holding Company Act, granting the SEC the power to break up the nation s utility holding companies.
On the eve of the Depression, Paul Mahoney explains, most U.S. electric and gas companies were directly controlled by trusts or holding companies. Groups of smaller utility holding companies were in turn controlled by a smaller number of larger holding companies, and so on for several layers. Three gigantic holding companies at the apex of this holding company pyramid ultimately controlled more than 80 percent of the nation s power companies. ....

United States , New York , France General , City Of Washington , Madison Square , Sam Insull , Floyd Thompson , Kenneth Roose , Paul Mahoney , Ellen Mcgrattan , Samuel Insull , Ray Moley , Willard Thorp , Troy Howard , National Power Policy Committee , Public Utility Holding Company , Economic Research For Dun Bradstreet , America One , Supreme Court , New York Times , Corporation Securities Company , Senate Judiciary Committee , Senate Majority Leader Josepht Robinson , New Deal , Public Utility Holding Company Act , Insull Utility Investments ,

Who's paying Cuomo's lawyers? Some details are scarce

Who's paying Cuomo's lawyers? Some details are scarce
timesunion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesunion.com Daily Mail and Mail on Sunday newspapers.

New York , United States , Letitia Jame , Rita Glavin , Michael Koenig , Thomas Dinapoli , Morvillo Abramowitz , Richard Azzopardi , Mitra Hormozi , Jim Malatras , Bart Schwartz , Matthew Ryan , Paul Fishman , Elkan Abramowitz , Arnold Porter , Assembly Judiciary Committee , Moreland Commission To Investigate Public Corruption , Senate Majority Leader Josephl Bruno , Division Of Budget , University Of New York , Department Of Health , Us Department Of Justice , Walden Macht Haran , Comptroller Thomas Dinapoli , Executive Chamber , Walden Macht ,

Dorm Authority: NY's deepest pork barrel

Dorm Authority: NY s deepest pork barrel
Dormitory Authority has grown into the top conduit of backdoor state spending
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1of33Rebecca LaForest, foreground, a work station operator, starts a tool after loading wafters into the equipment, as Carla Delgado, background, a clean room support tech, uses a HEPA vacuum to pickup particles in the NanoFab Central clean room on Wednesday, March 6, 2013 at the College of Nanoscale Science and Engineering in Albany, N.Y. (Paul Buckowski / Times Union archive)Paul BuckowskiShow MoreShow Less
2of33Buy PhotoExterior of GlobalFoundries computer chip factory Monday afternoon, Oct. 20, 2014, at Luther Forest Technology Campus in Malta, N.Y. (Will Waldron/Times Union archive)WWShow MoreShow Less ....

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