Show Us Your Bonuses: New York's Cuomo to AIG

New York's Attorney General Andrew Cuomo today demanded that beleaguered insurance giant AIG come clean and disclose its plans for bonuses to corporate executives and pay raises, reminding the firm that there are significant "legal ramifications" to AIG's decision. It is the latest salvo by Cuomo in his crusade to get financial institutions to cease paying excessive compensation and bonuses to executives even as their banks are being bailed out by taxpayers. "AIG has already received more...Full Story