The new LMP class at ALMS:
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Vandelay Industries - Specializing in Latex since 1992.
From the article.The Brownfield Cleanup Program encourages development of polluted or contaminated sites and offers complete environmental liability release as an incentive. Bregman received $85,000 in grants and bonuses for participating in the program. The hope is to instill confidence in investors or, as Brooklyn Borough President Marty Markowitz put it, create "jobs, jobs, jobs that are Brooklyn tough, pumping our Brooklyn swag!"
Either way unless he has a solid project that creates a product or service that will appeal to a mass he is going to have a tough time keeping this business afloat without some other type of funding....especially in a shop where you need expensive equipment.
It said in the article something about building race motors I'm sorry but you ain't doing that with a drill press from sears but I am sure he is well aware of that.
Interesting to see how this thing ends up.
Also I would love for NYC to have a road course......
His money came from the Irish IIRC.
If you're a "system" bank you can turn it into about $850k with a finger snap claiming future interest profits without actually earning them. But you'd need some kind of piece of paper and a fancy office to indicate that you are in fact a systemic banker.
The bonus might just be a gift to make sure he doesn't go somewhere else with his private funds. If I were Mr. Government I'd demand some job securities in return.