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Gov: State economic situation dire
If there was any doubt left that New York is sliding into an epic financial crisis, Gov. David Paterson will erase it Tuesday at 5.
That's when he goes on television for a five-minute address meant to convey "the gravity of the circumstance," as Paterson put it Monday.
The depth of the problems was revealed yesterday at a meeting of the Financial Control Board, the entity that has...
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