Washington Times – “New York still has the best connections to the rest of the world,” said Gerald Hanweck, professor of finance at George Mason University. “Wall Street is still there.”

And many of the brightest minds on Wall Street — even if unemployed at the moment — simply won’t give up the prospect of another hedge-fund job (in which they might earn $3 million a year in bonuses alone) for a government job (at which 20 years on the job could earn them a total of less than $3 million), Mr. Hanweck said.

Still, with a huge chunk of the $787 billion in economic stimulus money landing in the greater Washington area and with a growing and newly activist federal government, the city’s importance clearly will grow, Mr. Fuller said.

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Tags: economic stimulus, fund job, government job, hedge fund

New York Daily News – An enthusiastic math whiz plus hands-on exhibits multiplied by deep-pocketed investors equals a math museum.

This formula may one day lead to every school kid’s nightmare – a museum dedicated to nothing but mathematics – thanks to a Long Island man who quit his hedge fund job to dedicate himself to the project.

"Math is an ongoing, living and developing thing that is beautiful and can be a lot of fun," said Glen Whitney, 40, of Stony Brook.

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Tags: exhibits, fund job, hedge fund, investors, island man, long island, math museum, math whiz, mathematics, nbsp, new york daily news, nightmare, school kid, stony brook, york daily news