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Wall Street Banks Still Reeling From Hurricane Sandy
Two days after Hurricane Sandy wreaked havoc on the East Coast and killed 18 people in New York City, Wall Street banks and their CEOs are dealing with the damage. Here is a look at who has been affected.
October 31, 2012
Wall Street looks starkly different today from the way it looked on Monday morning.
Two days after Hurricane Sandy wreaked havoc on the East Coast and killed 18 people in New York City, downtown Manhattan is still without power. The New York Stock Exchange reopened on Wednesday after a two-day shut down – the longest it has stayed closed due to brutal weather conditions since 1888.
Seven subway lines are flooded, no trains are running in or out of New York City and millions have been left without electricity or internet access, making it impossible for many people to head into to their offices.
That didn’t stop Morgan Stanley CEO James Gorman from reportedly walking three miles to get from the company’s Times Square office to... Read full story on Wall Street & Technology
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