Tom DiNapoli

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.

AP Photo/Mike Groll, File

After Superstorm Sandy hit in October 2012, more than 900,000 Long Island Power Authority customers had their power knocked out, and more than 100,000 LIPA customers went without power for more than three weeks. That led Governor Andrew Cuomo to blame the LIPA for mismanagement.

AP Photo/Mike Grol

New York's short-lived public campaign finance program came to a halt Monday when the program's test participant, State Comptroller Tom DiNapoli, said he would not participate in the pilot program because it was unjust. Reformers are blaming New York Governor Andrew Cuomo for not holding special elections that might have provided the votes. 

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