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Goldman Sachs thinks the opioid crisis is so bad it’s affecting the economy

CNBC - The opioid crisis has major costs for the U.S. economy, including the labor market, David Mericle, senior U.S. economist at Goldman Sachs, said in a Wednesday note.

The report is one of the first from a major Wall Street bank focused on the growing epidemic killing more than 90 Americans every day.

"The opioid epidemic is intertwined with the story of declining prime-age participation, especially for men, and this reinforces our doubts about a rebound in the participation rate," Mericle said.

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Seven Arrested in New York City and New Jersey Following Staten Island Overdose Death

Seven Arrested in New York City and New Jersey Following Staten Island Overdose Death

Bridget G. Brennan, New York City’s Special Narcotics Prosecutor, New York City Police Commissioner James P. O’Neill and Richmond County District Attorney Michael E. McMahon announced today the arrest and indictment of seven alleged narcotic traffickers for allegedly selling heroin, fentanyl and cocaine in New York City and Newark, N.J. The investigation began after a 24-year-old woman fatally overdosed in Staten Island.

An indictment filed by the Office of the Special Narcotics Prosecutor contains charges of Conspiracy and Criminal Sale of a Controlled Substance. Arraignments are …

From Opioid Epidemic’s Front Lines, Filling In the Brutal Back Story

(New York Times) ELIZABETHTOWN, N.Y. — As a county coroner here, Frank Whitelaw has an unusual perspective to share with local students on the opioid crisis. He is the one who examines the bodies.

But it is the families of the victims who get to him. “That is the most heart-wrenching part of this job,” he said. “I can deal with bodies all day and all night, to a degree, but when you are talking to the family, you feel that raw anguish. It’s horrible.”

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No Arrests If Calling 911 During Drug Overdose: NYPD

NBC New York — An NYPD public service campaign aims to alert drug users - and witnesses - that they won't be arrested if they call 911 during an overdose emergency.

The campaign will be focused on areas like Staten Island and the Bronx where drug use is highest.

Under the state's 911 Good Samaritan Law, people who need emergency care for a drug or alcohol overdose can call 911 without fear of arrest. That also applies to someone who witnesses an overdose.

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Ex-Brooklyn pol busted in Medicaid, painkiller scam hit with more charges

Daily News — A former Brooklyn state assemblyman previously busted for his role in a Medicaid and painkiller scam was slapped with additional charges Wednesday, authorities said.

Alec Brook-Krasny, 59, an ex-rep whose district covered Coney Island, surrendered to the Office of the Special Narcotics Prosecutor to face additional charges in connection to a scheme in which three Brooklyn clinics acted as pill mills.

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Overdose Deaths Increased by Half in New York City Last Year, and Fentanyl is to Blame

New York City recorded 1,374 unintentional drug overdoses last year, a jump of 46 percent compared with the 2015 total of 937, according to new data released by the city this week. That marked the sixth consecutive year that fatal overdoses increased in the city, and the rate rose among all demographic groups, said the NYC Department of Health and Mental Hygiene.

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