Carl Korn

Cuomo’s Pension Plan Rejected by New York Assembly Democrats

New York Assembly Democrats rejected Governor Andrew Cuomo’s proposal to raise the retirement age and offer a 401(k)-type option to future workers in their version of the budget, according to a legislative memo released yesterday.

Long Island School Official Gets $225,000 Salary While on $316,245 Pension

James Hunderfund, who earns at least $225,000 a year as a school superintendent on Long Island, is also entitled to a $316,245 annual pension from a previous administrative post, according to a compilation of pension data by the Empire Center for New York State Policy.

"Once we did discover it, we moved as quickly as we could to make certain that we had notified Finra and took steps to prevent it from happening again."

- Carl Korn on Dec 26, 2012

Albany

Andrew Cuomo

Malaysian Stocks Fall as Volatility Rises on Polls Announcement

New Bird Flu Virus Kills 2 in China, Sparking WHO Probe

U.K. Banks Try to Dodge EU Bonus Caps by Defining Risk-Taker

Asian Stocks Rise as Japanese Equities Rally on BOJ

Black Hawks Near North Korea Show Risk in U.S. Command Shift