Pedestrians in New York are allowed to avoid traffic lights and crosswalks

Pedestrians in New York are allowed to avoid traffic lights and crosswalks

AFP1st Avenue in Manhattan, New York NOS news•yesterday, 11:15 p.m In New York, pedestrians are no longer prohibited from running a red light or crossing an outdoor intersection. A law specifically allowing both actions went into effect this weekend. “Be honest, every New Yorker does this,” the AP news agency notes from the person who … Read more

Goldman Sachs and Blackstone join forces for new funding bond

Goldman Sachs and Blackstone join forces for new funding bond

Bloomberg – Goldman Sachs Group Inc.GS) partnered with Blackstone Inc (BX) to packaging private equity loans into bonds, a new type of debt that banks may try to sell more of in the future. Both sold last week US$475 million in bonds backed by loans that banks provide to investment fundsaccording to a person familiar … Read more