New York Post – by Bernadette Hogan, Carl Campanile, Thornton McEnery
ALBANY — Wall Street made a killing during the peak of the coronavirus pandemic — at a time of sky-high statewide unemployment that has put 500,000 Big Apple residents out of work.
The securities industry raked in a massive pretax profits fortune of $27.6 billion for the first six months of 2020 — nearly eclipsing 2019’s profit total of $28.1 billion. Continue reading “Wall Street reportedly raked in nearly $27.6 billion during COVID-19 peak”