In a State of the City address crafted for a recession era, Mayor Bloomberg said he will reduce government spending, streamline city agencies, and assist debt-ridden New Yorkers by establishing a $10 million fund to help refinance mortgages, and starting a new banking program that will offer accounts with no minimum balances or hidden fees. "The city can't manage anyone's personal finances but we can make it easier for New Yorkers to manage their own — and we will," he said. more ›

The above receipt was recently found discarded, like so many greed-driven dreams, in a Wall Street ATM vestibule. Yes, someone on Wall Street just saw their bank account dip under the six figure mark. Maybe the sky really is falling! Or maybe Consumerist is right and the savvy rich lady or gent likely keeps the balance as such "for full FDIC coverage." Either way, that receipt's a real downer. more ›