Mar.24 — A New York directive ordering banks to help cushion the economy by providing temporary relief on mortgages and loans is so sweeping that it may unintentionally roil markets and pose risks to the financial system. Bloomberg’s Erik Schatzker reports on “What’d You Miss?”
In This Story: New York
New York is a state in the northeastern U.S., known for New York City and towering Niagara Falls. NYC’s island of Manhattan is home to the Empire State Building, Times Square and Central Park. The Brooklyn Bridge connects Manhattan with the borough of Brooklyn. The iconic Statue of Liberty stands in New York Harbor. To the east, Long Island has beaches, the Montauk Lighthouse, the ritzy Hamptons and Fire Island.