http://www.comptroller.nyc.gov/press/2012_releases/pr12-07-083.shtm
"Comptroller Liu has been an outspoken critic of the EDC, its policies, and the failure of the agency to create jobs — one of its main objectives. Some links to past statements/audits are below:"
Ask Mike Bloomberg and Christine Quinn about this and oh why unemployment NYC the highest in the country? Not news...