NY Attorney General Should Practice Transparency He Preaches
Today New York Attorney General Andrew Cuomo made news headlines by coming down hard on American International Group (AIG), the company that has paid out millions of dollars in bonuses to some of the people thought responsible for the billions of dollars in losses that preceded government bailout money that continues to flow to the insurance giant. In a letter to AIG Chairman Ed Liddy (PDF), Cuomo requested a "list of individuals who are to receive payments under this retention plan, as well as their positions at the firm" and "a list of who negotiated these contracts and who developed...
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