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Gov. George E. Pataki, facing a huge budget shortfall, questions about his leadership and a new poll that showed his approval rating dropping fast, stood firm today in his opposition to increasing income taxes on New York's wealthiest residents.
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Questions of educational adequacy and school spending have long been a point of contention in school reform.Amid the recent economic turmoil and gaping state budget shortfalls, questions of whether court-ordered funding remedies have delivered and why they have or have not have taken on particular import.
Electronic Data Systems, which has been battered in the last year by earnings shortfalls and questions about its accounting practices, said yesterday that its chief executive, Richard H. Brown, was leaving and would be succeeded by Michael H. Jordan, the retired chairman and chief executive of CBS.
[C4.] Electronic Data Chief Is Ousted Electronic Data Systems, which has been battered over the last year by earnings shortfalls and questions about its accounting practices, said that it had replaced Richard H. Brown, left, its chief executive, with Michael H. Jordan, the retired chairman and chief executive of CBS.
The shortfall in question is about $6m£4m4m).
More than £400m diverted from supporting communities in need across the UK to help fund the London 2012 Olympics has yet to be returned, and the shortfall has raised questions about the Games' legacy.
An effort by the European Central Bank to intervene in government bond markets hit a technical shortfall Tuesday, raising new questions about how long the central bank can avoid taking bigger steps to address the euro region's debt crisis.
So it was crucial for MF Global to maintain its capital level, especially at it fought to survive, and any shortfall would call into question whether it could continue.
The shortfall is where that agonizing question arises: How many lives is a Rembrandt worth?
Each candidate was to have had one minute to speak freely before tackling onerous questions about budget shortfalls and potentially compromising file photos (H. Carl McCall holding an Israeli M-16 rifle; Andrew M. Cuomo meeting with Yasir Arafat).
John McFall said the Financial Services Authority (FSA) could help answer questions about an apparent shortfall of cash at the Ibrox club.
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