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Government

Andrew Cuomo

Barney Frank

Anglo Irish Bank

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online.wsj.com - 3/13/2009

Cuomo, Frank Seek to Link Executive Pay, Performance

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SUSANNE CRAIG New York State Attorney General Andrew Cuomo is in discussions with Rep. Barney Frank and other lawmakers on a plan to tie Wall Street pay to the long-term performance of the firms. Mr. Frank (D., Mass.), chairman of the House Financial Services Committee, and other prominent ...

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nytimes.com - 3/17/2009

Cuomo Offers Some Details on A.I.G. Bonuses

— nytimes.com — Seventy-three employees were paid more than $1 million in the newly minted bonuses at the insurance giant,... American International Group , according to the New York attorney general, Andrew M. Cuomo . The attorney general provided some new details on ... (more) Cuomo Offers Some Details on A.I.G. Bonuses

Government

Andrew Cuomo

Comments vote downundo vote up DealBook found this 3/17/2009found this

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portfolio.com - 3/16/2009

How to Not Pay the AIG Bonuses

— portfolio.com — Barack Obama is a lawyer -- and a very good one, too, by all accounts. Andrew Cuomo... , too, is a lawyer, and is attorney general of New York. And neither of them seem remotely impressed by AIG's protestations that it's contractually obliged to pay out ... (more) How to Not Pay the AIG Bonuses

Stocks

American International Group

Andrew Cuomo

Barack Obama

Comments vote downundo vote up Alea found this 3/16/2009found this

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dailybail.com - 3/17/2009

Bailout News CNBC Video: New York Attorney General Andrew Cuomo Talks Tough On AIG Bonuses

— dailybail.com — Maria Bartiromo snagged an exclusive interview with New York AG Andrew Cuomo on Monday after the bell.... According to Cuomo, AIG did not comply with his 4pm deadline for the information he had requested and he has now issued subpoenas. Smells like puffery, but at least he is making AIG ... (more) Bailout News CNBC Video: New York Attorney General ...

Government

Andrew Cuomo

White House

Comments vote downundo vote up The Daily Bail posted 3/17/2009posted this

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We Live to Serve
The Epicurean Dealmaker — Hon. Andrew M. Cuomo Attorney General of the State of New York Albany, New York Re: Proposed Wall Street Compensation Rules Dear Mr. Cuomo: I understand that you are working with Rep. Barney Frank to design legislation which will "tie Wall Street pay to the long-term performance of the firms." This is an admirable goal, and as a taxpaying American citizen, I salute you for it. According to the article in The Wall Street Journal this morning in which your plans were revealed to the public, you appear to ...

Dishonest Disclaimer (by Don Boudreaux)
Cafe Hayek — ... You report that "New York State Attorney General Andrew Cuomo is in discussions with Rep. Barney Frank and other lawmakers on a plan to tie Wall Street pay to the long-term performance of the firms" ("Cuomo, Frank Seek to Link Executive Pay, Performance," March 13). But lest anyone conclude that Messrs. Cuomo and Frank propose giving government excessive power, we're assured that "A person close to Mr. Cuomo said change is needed but the intent isn't to micromanage or interfere with the private sector." ...