Andrew M. Cuomo, New York's attorney general, took aim at Wall Street's looming bonuses on Monday, sending letters to eight of the nation's biggest banks demanding information on how they structured those payouts.
New York Attorney General Andrew Cuomo is asking the nation's eight biggest banks to reveal how much they plan to pay out in employee bonuses for 2009.
NEW YORK (Reuters) - Controversial Wall Street bonuses will be in focus on Monday as New York Attorney General Andrew Cuomo plans a midday announcement on the payouts.
Reuters - Controversial Wall Street bonuses will be in focus on Monday as New York Attorney General Andrew Cuomo plans a midday announcement on the payouts.
NEW YORK (AP) -- New York Attorney General Andrew Cuomo is asking the nation's eight biggest banks to reveal how much they plan to pay out in employee bonuses for 2009....
New York State Attorney General Andrew Cuomo filed a motion Monday asking former Merrill Lynch Chief Executive John Thain to provide more information about bonuses paid out on the eve of the bank's merger with Bank of America last year.
New York Attorney General Andrew Cuomo pressed eight of the nation's biggest banks for details on their bonus payment plans Monday, putting Wall Street's pay practices under yet another layer of scrutiny.
New York Attorney General Andrew Cuomo is asking the nation's eight biggest banks to reveal how much they plan to pay out in employee bonuses for 2009.
NEW YORK (Reuters) - Merrill Lynch & Co may have misled Congress in representing last November that it planned to pay out bonuses at year end, when in fact it decided to accelerate those payouts, New York Attorney General Andrew Cuomo said on Wednesday.