Thursday, March 19, 2009
Andy Cuomo has the power
The court granted power to make the names of the Merrill Lynch bonus babies public.
UPDATE: Andy got the names from AIG as well.
Mr. Cuomo, the New York attorney general, won a legal battle on Wednesday to compel Bank of America, which bought Merrill in December, to provide his office with the names of the Merrill employees with the 200 largest bonuses. Mr. Cuomo said he would make the names public as early as Thursday.Watch them scurry now, cockroaches hate daylight.
He also vowed to identify publicly the employees who had received bonuses at the American International Group, whose payouts prompted an uproar, and to work with other financial companies that have received taxpayer dollars to consider disclosing more about employee compensation.
UPDATE: Andy got the names from AIG as well.
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