NEW YORK: New York Stock Exchange member firms have wracked up more losses since last year than in any downturn in 30 years, according to the City Council, which tracks how they perform because they drive the city's economy.
Estimating the companies it traditionally monitors have lost $41 billion since the 2007 third quarter, the report added: "In the 30 years that Council Finance has data for the industry, we have no period with losses even one-tenth of that size." A Council official was not immediately available to offer more details on its calculations. B.Karthick Research Analyst. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
