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The article reports that New York Attorney General Eliot Spitzer is prosecuting a number of cases poised to increase regulation and improve disclosure practices. Spitzer is likely to reach a settlement with ING Group over that company's undisclosed fees in retirement fund promotions aimed at New York teachers. ING's settlement will require fund prospectuses to be written in "plain English."

This article reveals that the snow storm that hit the Northeastern U.S. on January 27, 2011 has dropped snowfall of 36 inches in New York, which is more than the record 27.4 inches of snowfall in 1925.

The article reports on the optimism of Florida pastor Terry Jones to meet Imam Feisal Abdul Rauf in New York to convince him to relocate the construction of his proposed Islamic community center near the Ground Zero in New York City as the ninth anniversary of the September 11, 2001 terrorist attacks is observed after Jones withdrew his threat to burn Quran.

The article reports on the accommodation of the homeless and their encampments by several U.S. cities. The city of Nashville, Tennessee is arranging for portable toilets, trash pickup and a mobile medical van with help from local nonprofit organizations. However, municipal leniency to the homeless is not universal as New York City officials closed a tent city on a vacant lot in East Harlem.

The article reports on the investigation by the New York attorney general office into the relationship between Fidelity Investments and Goldman Sachs Group Inc. as part of the probe into Fidelity's sale of auction rate securities to individual investors. The investigators took the new direction after it learned that most of the securities sold by Fidelity were underwritten by Goldman. According to the article, investigators are looking whether Fidelity gave Goldman incentives to sell the securities.

The article reports on a class-action lawsuit field by Unisystems Inc. against State Street Corp. over losses in fixed-income funds held in workplace retirement plans in New York City. Unisystems has alleged that State Street represented its lineup of actively managed bond funds as conservative options but instead invested the funds in high risk instruments and mortgage-backed securities. It cites the response of State Street to the allegations.

This article states that New York's attorney general Andrew Cuomo has filed a notice of intent to sue Drexel University for allegedly taking kickbacks from a student lender to promote the company as its exclusive preferred lender. It explains that the legal action, the first in the state after a broad investigation in the lending practice of the student loan industry, accuses Drexel of having illegal conflict of interest. It presents information on the lender that was favored by the university.

This article reports on the expansion of the investigation by the New York state attorney general's office into student lending practices. It says that the state's attorney general's office has issued subpoenas and requests for information to 14 banks and loan companies. The government is investigating for possible payments to colleges in return for loan business.

The article discusses damaged sustained in the U.S. from Hurricane Sandy in late October, 2012. At least 43 people were killed and some eight million were left without electric power. Details are presented about destruction in New Jersey and New York, along with brief commentary from witnesses to the devastation.

The article reports on the New York City Mayor Michael Bloomberg responded to charges that his administration was slow to respond to a blizzard in December 2010 that snarled traffic and left many passengers stranded at airports.