Monday, March 17, 2008

NY new governor says economy headed toward a crisis

Mon Mar 17, 2008 7:04pm EDT

By Joan Gralla

By Joan Gralla

NEW YORK (Reuters) - New York's new governor, David Paterson, was sworn in on Monday and said increasingly dire problems on Wall Street imperil the economy, and the state's budget will have to be modified.

"We are looking at an economy that appears to be headed toward a crisis,"

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