Charles Lane

Senior reporter for Long Island

Charles is a radio reporter, story teller, Excel ninja, database grasshopper, and loves to FOIL records. He's worked for NPR, Deutche Welle, Radio Netherlands, Soundprint, Penthouse, the Religion News Service, and the Catholic World Report.  He's won three SPJ Public Service Awards, a National Murrow, and was a finalist for the Livingston Award for Young Journalists.  He once did 3Gs in a stunt plane, ran the Tough Mudder, and dove 40 meters on a single breath.  Charles is extraordinarily friendly so don't hesitate to contact.

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Despite market rebound, profits scant
6:57 pm
Mon November 10, 2014

Wall Street Bonuses Will Be Flat This Year

Trader Sean Spain works on the floor of the New York Stock Exchange, Monday, June 24, 2013.
Credit AP Photo/Richard Drew

A new survey finds that Wall Street bonuses this year will be flat despite strong gains in the stock market.

This comes as hundreds of new rules take effect pushing the industry away from making risky bets.

In the past those risky bets led to big profits and big bonuses. But the Dodd-Frank Wall Street Reform Act introduced rules requiring banks to keep more cash on hand and curb the kinds of complicated trading that led to the financial collapse in 2008.

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National discontent brings down 12-year incumbent
4:14 pm
Wed November 5, 2014

Zeldin Defeats Bishop For Congress

Congressman-elect Lee Zeldin (R-Shirley) waiting for election results to come in.
Credit Charles Lane

Republican state Senator Lee Zeldin soundly defeated six-term incumbent Democrat Tim Bishop in New York's first Congressional District. 

Going into the night, both campaigns expected the race to be so tight that a winner might not be known until December when all the absentee ballots were counted. But an hour after polls closed Zeldin was up by several thousand votes. The margin ultimately grew to 16 thousand votes, or ten percent.

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Libertarian McDermott derides a "rigged" system
3:50 pm
Fri October 31, 2014

An Average Guy, Campaigning For NY Governor

Libertarian Michael McDermott decided to run for Governor on a lark after his friend already decided to run in his Congressional district.
Credit Charles Lane

 

Michael McDermott will let the phone ring and ring. But when his lawyer calls, he stops talking mid-sentence.

"Hold on this is our lawyer," McDermott says, "Hey Gary, any word?"

The newly minted head of the Libertarian Party of New York weaves in and out of traffic in this last week before election day. Before the phone rang he was cataloging the many obstacles for his party before election day--like getting on the ballot, and staying on the ballot.

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blessing of the "animals"
12:58 pm
Mon October 27, 2014

Patchogue church blesses stuffed animals

Pictured are Rev. Dwight Lee Wolter (left) and Bill Paauwe.
Credit Titus Kana

  Earlier this month, Catholics celebrated the Feast of St. Francis of Assisi. Many churches held blessings of the animals, which stems from St. Francis's own love for all Earth's creatures. Yesterday, a Long Island church held a blessing for stuffed animals.

WSHU's Charles Lane went to check it out and brought back this postcard. 

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"hundreds of thousands may have been harmed"
2:12 pm
Tue October 21, 2014

NY regulators accuse top lender of repeated abuse

Bank regulators in New York are accusing the nation's largest subprime mortgage lender of errors that might have harmed hundreds of thousands of borrowers.

New York's Department of Financial Services accuses Ocwen Financial of backdating letters warning of foreclosure or unsuccessful loan modifications. This means that by the time a borrower receives a letter from Ocwen, it's already too late to do anything about it.

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