Comptroller's report illustrates Wall Street's recovery

11/17/2009 | Bloomberg

The national economy is trailing Wall Street in the rate of recovery. A report by New York state Comptroller Thomas DiNapoli showed that fewer jobs were lost than originally predicted and that Wall Street's four biggest firms earned a combined $22.6 billion in the first nine months of the year, up from combined losses of $40.3 billion a year ago. "Wall Street remains the economic engine of both New York State and New York City," the report said.

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