NY comptroller: Washington dithering may slow profits on already streamlining Wall Street

  • Article by: MICHAEL VIRTANEN , Associated Press
  • Updated: October 22, 2013 - 12:15 PM

ALBANY, N.Y. — Though Wall Street recorded $10.1 billion in profits for the first half of 2013, New York's comptroller said Tuesday that federal budget dithering, higher interest rates and litigation may slow earnings for the last half in a securities industry that's kept trimming jobs.

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