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Professor Lawrence White discusses the impact of decreased Wall Street bonuses

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Excerpt from the International Business Times -- "'The financial sector has been important for the New York economy since Peter Stuyvesant’s time 400 years ago,' said Lawrence J. White, professor of economics at New York University’s Stern School of Business. 'There is no question there’s a ripple effect if bonuses aren’t going to be what they’ve been in the past.'"

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