Mr. Bloomberg said the city's Department of Sanitation, buoyed by private contractors, about 2, 200 trucks in all, were out all night plowing and salting the roads and would continue to do so all day Saturday.
Deborah Schuler, vice president of the Banking Group of Moody's Asia Pacific, says banks all across Asia were guilty of plowing money back into loans rather than saving their capital for a rainy day.