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    <title>New York State Comptroller's Open Book</title>
    <link>http://www.openbooknewyork.com</link>
    <description>Open Book New York gives the public a roadmap to follow their tax dollars and brings more accountability to state spending.</description>
    <language>en-us</language>
    <copyright>Copyright 2009 Office of the State Comptroller</copyright>
    <lastBuildDate>Wed, 28 Jan 2009 11:00:00 EDT</lastBuildDate>
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      <title>Largest Decline on Record</title>
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      <description>The bonus pool paid totaled $18.4 billion in 2008, a 44 percent decline compared with the $32.9 billion paid in 2007. The decline is the largest on record in absolute dollars and the largest percentage decline in 30 years.</description>
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      <pubDate>Wed, 28 Jan 2009 12:22:00 EDT</pubDate>
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      <title>Record Losses</title>
      <link>http://www.osc.state.ny.us/press/releases/jan09/012809.htm</link>
      <description>DiNapoli also estimated that the traditional broker/dealer operations of the member firms of the New York Stock Exchange lost more than $35 billion in 2008—more than three times the record loss in 2007.</description>
      <pubDate>Wed, 28 Jan 2009 08:56:00 EDT</pubDate>
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      <title>Impact on State and City Finances</title>
      <link>http://www.osc.state.ny.us/press/releases/jan09/012809.htm</link>
      <description>The reduction in Wall Street bonuses will cost nearly $1 billion in personal income tax revenues for New York State and another $275 million for New York City.</description>
      <pubDate>Wed, 28 Jan 2009 14:16:00 EDT</pubDate>
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      <title>Securities Employment</title>
      <link>http://www.osc.state.ny.us/press/releases/jan09/012809.htm</link>
      <description>Employment in the securities industry in New York City declined from 187,800 in October 2007 to 168,600 in December 2008, a loss of 19,200 jobs, or 10.2 percent.</description>
      <pubDate>Wed, 28 Jan 2009 14:16:00 EDT</pubDate>
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