Tom DiNapoli

Hans Pennink / AP

Some lawmakers are pressing the state’s comptroller to divest the state’s pension fund from the fossil fuel industry. But Comptroller Tom DiNapoli says he believes he can be more effective in changing the company’s behavior by acting from the inside.

Mark Lennihan / AP

U.S. Attorney Preet Bharara is bringing charges against a former portfolio manager in the state’s pension fund, saying he accepted bribes, which included prostitutes and illegal drugs, from two hedge fund brokers.

AP Photo/Thomas Ferrigno

Average Wall Street bonuses were down 9 percent last year to $146,200 as industry profits declined, New York's comptroller reported Monday.

Industry-wide profits decreased by 10.5 percent, the third straight yearly decline, according to the annual estimate from State Comptroller Thomas DiNapoli. The comptroller said revenues were weak, especially from trading and underwriting. Profits were at their lowest reported level since 2011.

AP Photo/Mike Groll

The New York comptroller says the Cuomo administration's budget proposal shows ongoing improvements in the state's financial position but lacks funding details for large, long-term initiatives to house the homeless and upgrade mass transit networks downstate.

Comptroller Thomas DiNapoli's analysis puts spending at $154.6 billion in the coming year, including federal money for Superstorm Sandy recovery and health care reform, plus capital spending from windfall bank settlements.

AP Photo/Mike Groll

The New York State Comptroller has issued an audit finding that Governor Andrew Cuomo’s administration has dropped the ball on some aspects of policing nursing homes.

Comptroller Tom DiNapoli took the unusual step of holding a press conference to highlight an audit which concludes that the Cuomo Administration is not adequately  fining or enforcing violations at nursing homes.

“Families need to know that their loved ones have safe accommodations and that providers are being held accountable when problems are found,” Di Napoli said.

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