Tom Dinapoli

Ryan Delaney / WRVO News file photo

Despite a tumultuous summer, Wall Street saw its best performance in the first six months of this year since 2011. A report from the New York state comptroller's office released Tuesday found that the securities industry earned more than $11 billion first half of 2015, a 29 percent increase from the same period last year. In addition to higher profits, Wall Street salaries, bonuses and employment are all on the rise.

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A New York comedian, who is also an activist on prison rights issues, is drawing attention to the state’s practice of investing a small amount of its pension fund in the private prison industry.

Tom Magnarelli / WRVO News

There is about $14 billion in lost money or unclaimed funds owed to residents in New York state. People attending the New York State Fair can check out the new state comptroller's booth to see if they have any unclaimed funds.

Karen Dewitt / WRVO News

The New York State Board of Elections recently issued its final report on an experimental public campaign finance system that had no participants. Government reform groups say it’s another sign that the pilot program for one race in the 2014 election cycle was designed to fail, and that politicians in New York are not yet serious about real campaign finance reforms.

Ryan Delaney / WRVO News file photo

State Comptroller Tom DiNapoli says $5 billion in extra money that New York is reaping from bank settlements should not be viewed as a surplus, and should not be spent as though there will be more money coming in the future.

“I wouldn’t call it a surplus,” DiNapoli said. “It’s really more of a windfall.”

And so the comptroller says it should not be used for recurring expenses, like tax cuts or increased school aid, as some legislators have suggested.

Ryan Delaney / WRVO

An experimental public campaign finance system for the state comptroller’s race has fizzled, after the lone candidate who applied for the program failed to meet the minimum threshold to obtain public monies.

The pilot public campaign financing program was limited to just the state comptroller’s race as part of a state budget deal.

It was widely condemned at the time by reform groups as fatally flawed. Blair Horner of the New York Public Interest Research Group called it cynical.

Ellen Abbott / WRVO file photo

New York state has received a multi billion dollar windfall from bank settlements this year, but a new report from the state comptroller shows the settlement took a bite out of Wall Street profits in 2014, which could have repercussions for the state budget in the future.

State Comptroller Tom DiNapoli reports Wall Street profits are down by 13 percent so far in 2014, compared to the previous year, 2013, when profits had already shrunk by 30 percent.

“Certainly we’re seeing profits, but down from what we saw last year,” DiNapoli said.