www.balconynewyork.com

 

Pass Martin Act Accountability Extensions
March 15, 2012

by Andrew Pallotta, Exec. VP of NYSUT and BALCONY Member

New York’s 90-year-old Martin Act, which gives the state’s Attorney General sweeping powers to prosecute financial fraud,
needs to be amended to reflect modern financial reality.

It simply has not kept up with the times — i.e., the deregulation of financial services and the ensuing carnage it has caused for working New Yorkers.

As the new legislative session approaches, it’s time for our Albany lawmakers to level the playing field and
pass bills that would give institutional investors the ability to recover damages caused by violations of financial regulations.

It’s the right thing to do and it will help bring accountability to Wall Street.

Read the entire article from the NY Times Digest: Martin Act

(Windows users: if you want to email this document, right mouse click the link above
and click on "Send Link...")

Food Stamps and Fingerprints a Bad Combination
March 13, 2012

by Robert M. Hayes, Co-Chair of BALCONY and
Senior Vice President for Health Quality,
Universal American Corp.

It is unconsciouable that some 30% of New York's eligible, working families are not signed up for food stamps,
largely because they don't want to submit to the stigmatizing process of being fingerprinted as if they were criminals.

Read the entire article from the NY Times Digest: Fingerprints

(Windows users: if you want to email this document, right mouse click the link above
and click on "Send Link...")

 

New York State Needs a Health Insurance Exchange
March 8, 2012

by Catherine Abate, Non-Profit Co-Chair of BALCONY
and President/CEO of the Community Healthcare Network.

In my career as a New York State Senator, Commissioner of the New York City Departments of Correction and Probabion,
and CEO of the Community Healthcare Network, I have learned that when an opportunity presents itself, you must grab it.

Read the entire article from the NY Times Digest: Health Insurance Exchange

(Windows users: if you want to email this document, right mouse click the link above
and click on "Send Link...")

 

Put Tier VI Pension Plan on the Back Burner!
March 6, 2012

by Alan Lubin, Co-Chair of BALCONY

New York's lawmakers are facing tough decisions as they grapple with trying to rein in costs and
reduce the state's ever-growing budget,
but agreeing to impose yet another plan to slash pensions for public employees would be a terrible - and unfair - idea.

Read the entire article from the NY Times Digest: Tier VI Pension Plan

(Windows users: if you want to email this document, right mouse click the link above
and click on "Send Link...")