New York City Employment Lawyer

by Cary Kane, LLP

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$700 Billion Wallstreet Bailout Raises Serious Concerns

September 24th, 2008 · No Comments

Thirty-five progressive, loabor leaders came together to sign a letter of urgency to the United States government regarding the proposed $700 Billion wallstreet bailout plan.  They have sternly expressed their concern and skepticism about the feasability and effectiveness of the plan.  Representing more than 20 million American citizens, the letter urged leaders to drafts, at the very least, basic conditions before any kind of agreement is made.  These leaders feel that this plan is dangerously close to the equivalent of a blank check to bail out the ailing economy.  Furthermore, outrage is brewing due to the popular belief that the financial crisis was caused by the same individuals.  They stress more so than anything else that accountability and oversight must be built into the foundation of the plan.  There are entities all over the world that are waiting to find out what will happen with the United States economy.  More importantly, what happens on wall street will ultimately affect what happens on mainstreet.  The hard-working employees and tax payers of this country are most at risk.  The most important thing is to make sure that these employees stay protected.For more information on how, the fate of these companies might affect you, visit www.carykanelaw.com or call 212 871-0540 to speak with an employment law attorney in the New York City area.

Tags: New York City Labor Relations Lawyer · New York City Overtime Lawyer · New York City Discrimination Attorneys · New York City Discrimination Lawyer · New York City Discrimination Attorney

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