Sorry!! The article you are trying to read is not available now.

HAD ENOUGH YET? New York's Cuomo Seeks Bonus Data From TARP Banks

Print comment Post Comments
"New York Attorney General Andrew Cuomo’s office said it sent letters to Bank of America Corp., Goldman Sachs Group Inc. and six other U.S. financial institutions that received federal taxpayer bailout funds demanding information on executive compensation," Bloomberg reports. "Cuomo is seeking a description of each firm’s 2009 bonus pool, how it was established, how compensation is tied to performance, and how the bonus pools have changed, if at all, as a result of the firm receiving and/or repaying taxpayer funds. Almost all the banks have repaid the money."
SOURCE:   Bloomberg