New York Gov. David Paterson last week called for legislative leaders to meet on Friday to take steps to deal with revenue and job losses in the state’s financial industry.

“We are in a profound economic crisis,” Paterson said in a press release. “We have already taken extraordinary action to contain state spending, but the events that unfolded in our state and nation over the last two weeks have created an urgent need for a reassessment of the current year’s budget and the planning for next year’s.”

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