New York's attorney general takes aim at Wall Street's looming bonuses, sending letters to several of the nation's biggest banks demanding information on how they structured those payouts.
January 12, 2010 at 12:00 AM
1 minute read
New York Attorney General Andrew Cuomo sent letters to eight of the nation’s largest banks Monday seeking detailed information on how they are planning to pay upcoming bonuses.
The letters request data in 11 areas, ranging from the number of employees to a description of all bonus pools, and how those pools would have been affected had the bank not received federal bailout money.
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