Storm’s Record Flooding Lands Blackout Blow

Millions are without power in the wake of Hurricane Sandy.

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Record tides from a wintry super storm combined with hours of pounding wind and rain to deal an unprecedented blow to the U.S Northeast’s power grid, flooding substations and shutting New York City’s financial district.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now

Dig Deeper

Recommended Stories

Partnership Breeds Innovation in Funds Transfers out of India

Meg Waters | February 06, 2020

Congratulations to Flywire for winning the 2019 Gold Alexander Hamilton Award in the category Best Practices in Restricted/Emerging Markets!

CBO Boosts Economic Growth Forecast

Katia Dmitrieva | January 28, 2020

However, the federal budget deficit is expected to top $1 trillion for the first time since 2012, and to reach 5.4% of GDP.

Final CFIUS Rules for Real Estate Transactions: 5 Things to Know

MP McQueen | February 13, 2020

While the federal government has whittled down some of the final regulations from the initial proposals, there is still potential for trouble for foreign investors under the 31 pages of final rules governing national security reviews by CFIUS of foreign investments in U.S. real estate, which take effect on Feb. 13.

Resource Center

Faced with stringent regulations, new competitors, and emerging technologies permeating the marketplace, the financial sector is evolving at a fast and furious rate, with no letup in sight. In fact, change is the only constant in the days and years ahead for the financial services sector.

falcon-custom-content

Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.