One such company that is starting to find its way again in the space is Hewlett Packard ( HPQ) .

FORBES: HP Reinventing Itself In Hyper-Competitive Computer Market

Even as New York entrepreneurs can rub elbows with the founders of Foursquare at tech events, the overall scene still lacks the critical mass of entrepreneurs who have successfully exited billion-dollar companies, are starting again and ready to help local entrepreneurs or its own PayPal Mafia.

FORBES: Qwiki's Ghost Haunts NYC Startup Scene at TechCrunch Disrupt

Responsibility for retiree health care was shifted to a union trust fund, and if and when carmakers start hiring again, they'll pay a much lower starting wage. gm says its new compact, the Chevrolet Cruze, will be built profitably in Lordstown, Ohio, starting in late 2010.

FORBES: OutFront