Cuomo Demands Bonus Info from Bailed-Out Banks

It's bonus season on Wall Street, and with many financial institutions expected to hand out huge checks to their employees in coming weeks, New York Attorney General Andrew Cuomo today asked the eight biggest recipients of last year's $700 billion TARP bailout for "extensive information" on their planned bonuses. "Taxpayers paid into government programs that aided the banks when they needed stability, and now those banks are immensely profitable," Cuomo said in a conference call with...Full Story
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