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NYC Wants to Turn Laid-Off Bankers Into Entrepreneurs

Bloomberg unveils $45M program

By Nick McMaster,  Newser Staff

Posted Feb 18, 2009 6:09 PM CST

(Newser) – With the Wall Street mess taking a heavy toll on New York City's economy, Mayor Bloomberg is launching a program to retrain laid-off investment bankers and make the city a mecca for entrepreneurs and foreign financial firms. The city plans to spend $45 million in...   Read full story »

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