You have commented 375 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Home Front: Politix
Cuomo wins ruling to name Merrill bonus recipients
2009-03-24
Andrew M. Cuomo is starting to unearth some of the most closely guarded secrets on Wall Street: the identities of Merrill Lynch employees who collected large bonuses even as the brokerage firm lost billions.

Mr. Cuomo, the New York attorney general, won a legal battle on Wednesday to compel Bank of America, which bought Merrill in December, to provide his office with the names of the Merrill employees with the 200 largest bonuses. Mr. Cuomo said he would make the names public as early as Thursday.

He also vowed to identify publicly the employees who had received bonuses at the American International Group, whose payouts prompted an uproar, and to work with other financial companies that have received taxpayer dollars to consider disclosing more about employee compensation.

Mr. Cuomo pledged to press ahead with his effort even as Edward M. Liddy, the embattled chief executive of A.I.G., told Congress on Wednesday that some A.I.G. employees received death threats in recent days as the public furor over pay escalated.

Posted by:Fred

#5  comments); ?>werwer
Posted by: Gabby   2009-03-24 15:37  

#4  comments); ?>werwer
Posted by: Thealing Borgia122   2009-03-24 15:11  

#3  comments); ?>werwer
Posted by: Jack is Back!   2009-03-24 13:36  

#2  comments); ?>werwer
Posted by: Procopius2k   2009-03-24 09:33  

#1  comments); ?>werwer
Posted by: SteveS   2009-03-24 08:42  

00:00