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New Post has been published on News World Today
New Post has been published on http://newsworldtoday.net/documents-show-nypd-has-paid-428-million-in-settlements-since-2009/
Documents Show NYPD Has Paid $428 Million in Settlements Since 2009
According to documents published yesterday by investigative news web site MuckRock, the NYPD has paid practically half a billion dollars in settlements in the final 5 years.
The source of that information, a spreadsheet titled “NYPD Closed Actions Commenced in 2009-2014 to Date,” was offered to MuckRock by the NYPD in response to a routine Freedom of Details request. It lists more than 10,000 police-associated settlements made by the city, ranging from $ 1 to $ 11,500,000.
These numbers are in line with the findings of a 2010 AP investigation, which discovered almost $ 1 billion in NYPD payouts over the previous decade. In 2012, Bloomberg News found the City of New York planned to commit $ 735 million on settling lawsuits, police and otherwise, virtually six times what Los Angeles pays per capita.
You can see the NYPD’s 25 most significant settlements considering that 2009 beneath or download the comprehensive information from right here.
[Image through Sukharevskyy Dmytro/Shutterstock]
Gawker
UPDATE 1-Goldman loses $428 million in third quarter
* Results hurt by decline in asset valuesOct 18 (Reuters) - Goldman Sachs Group Inc lost $428 million during the third quarter, only its second quarterly loss as a public company, hurt by sharp declines in the value of investment securities and customer trading assets.The largest U.S. investment bank lost 84 cents per share, compared with earnings of $2.98 per share a year earlier.Analysts had been expecting, on average, a loss of 16 cents per share, according to Thomson Reuters I/B/E/S.