With Citigroup healthy and competitive again, other banks may take more risks in the future with the assumption that Washington will always be there to back them up. [NY Times]
As Obama announces his new economic team, the Treasury and the Federal Reserve get set to unveil a major lending program to shore up hundreds of billions of dollars in commercial debt. [NY Times]
Representative Rangel accused of supporting a tax shelter for a company at the same time that its chief executive was writing million-dollar checks to a school named in the Congressman’s honor. [NY Times]
As Wall Street implodes, New Yorkers have increasingly come to rely on nonprofit jobs at hospitals and universities. [NY Times]
The Hunts Point produce market let customers in a few hours early last Sunday to prepare for the busy Thanksgiving week. [NY Times]
As it nears its third anniversary, the Shops at Atlas Park’s fancy retail has yet to click with Glendale residents. [NYDN]
Forest Hills dog owners are itching for a new dog run at Yellowstone Park, but Queens Parks Commissioner Dorothy Lewandowski has other ideas. [NYDN]
Brooklyn grows hungrier every day, as a new study shows that 86 percent of the borough’s food pantries are serving more people this year than last. [NYDN]
In the Bronx—where the city’s poor are hit hardest by the economy—Thanksgiving dinners may be a little smaller this year. [NYDN]
Bronx organization offering a three-day vacation to anyone who hires or helps someone find a job. [NYDN]
Editorial: Citigroup’s board should quit. [NY Post]
Realty Check: Albany may be worried about the FDIC abandoning Lower Manhattan, but the United Jewish Congress and the global research firm IDC are already moving in to snatch up 130,000 square feet of office space; Gary Barnett moves on his 50-story hotel/condo along West 57th Street; TD Bank expands to Third Avenue and 53rd Street. [NY Post]
State inspector general launches probe into whether a Paterson aid “intimidated” SLA into approving liquor licenses for the Ciprianis. [NY Post]
Home sales fell nationwide last month, even as home prices dropped to their lowest levels since records began in 1983. [WSJ]
United Arab Emirates unveils plan to rescue Dubai’s souring real estate economy. [WSJ]
