Attention bankers: PA is outside the "blast zone"

NY Times reports that Pennsylvania is trying to sell itself as "Wall Street West" -- a safe, accessible alternative for hedge funds in case New York is destroyed in a nuclear holocaust. Good to know! Now if my world goes up in smoke, at least business can continue as usual in the Poconos.

In other news, it looks like Bloomberg's congestion pricing plan may have a chance after all. It's now got financial incentives attached - roughly half of $1.1 billion dollars in federal aid set aside for cities that fight urban traffic. That's a substantial add-on to the $400 million that congestion pricing is expected to generate per year. In effect, the U.S. Department of Transportation has just doubled the value of pricing out commuters.