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Do not mess with Attorney General Andrew Cuomo! Cuomo detailed his office's dealings with Merrill Lynch—namely how they asked Merrill what they were doing about 2008 bonuses in October but Merrill ignored them and apparently moved up their bonus schedule to spread billions in bonus money—in a letter to Rep. Barney Frank. You can read the letter (PDF) but here are some calculations: "The top four bonus recipients received a combined $121 million; The next four bonus recipients received a combined $62 million; The next six bonus recipients received a combined $66 million... Overall, the top 149 bonus recipients received a combined $858 million; 696 individuals received bonuses of $1 million or more." Cuomo also accused Bank of America, which bought Merrill Lynch, of being complicit in the bonus debacle.
Cuomo Details Extravagant Merrill Lynch Bonuses
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It's the same media that NEVER mentioned Muslims' hatred of Israel as a possible motive for 9/11.
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When are these pricks going to get it? Stories like this put Wall Streets guys at the level of pedophiles in terms of the public's hatred for them.
Please follow that up with a list of the salaries of all state civil servants, and the amount and number of salary increases received each year.
This is a high profile opp for Cuomo. I hope he uses it fully to publicly take these guys out to the woodshed.
4 people sharing 121 million, so average of 30MM each. I'd love to see what these guys did to deserve it. If they brought in 3 billion each in revenue, that may offset it somewhat, but somehow I doubt it.
I have faith in future Governor Cuomo's investigation of these white collar scumbags, but Barney Frank is not the person to contact. I know Frank is the chairman of the relevant committee, but his abrasive behavior turns off Democrats and Republicans alike.
Is that really a bad thing?
http://online.wsj.com/article/SB123431293649170767.html
ok so now that it's obvious that so much of America CORRUPT like so many South of the border countries
What are we going to do about it?!
I want to see legislation that cuts these absurd payments out. No individual of a PUBLIC company now getting tax payer money deserves a 30 million dollar bonus. The system is broke. The goverment needs to fix it. Shame is not enough.
VALENTINE
I heart New York from head to toe
(Don't get me started)
And when the flowers and candy flow
I double-heart it.
Warren Buffet laughs
Warren Buffet laughs
because he has bought America cheap
He is a man who embraces his masks
Never showing us what is there
Your health co-pay goes up and Warren laughs
Your car insurance increases and Warren laughs
Movie ticket prices go up and Warren laughs
Airline fares increase and Warren laughs
Insidiousness comes in short/stout/off white
in this men's dept. always with a broad fake smile
Like your minister smiling
as he tells hermeneutic lies
Like your stockbroker smiling into the phone
as he touts another loser
Like your banker smiling gently
as he denies you a loan
Like your teacher smiling in pity
as you fail another test
Like the police smiling before the judge
as you await your fate
Warren Buffet laughs
He is a man who hides behind masks
because he has bought and sold losers
Dairy Queen, US Air, Disney, ABC,
Salomon, MickeyD's, GEICO and all the insurance companies
that with every 'loss' raise their premiums
Only to dump the cost always on us
Go ahead claim your hurricane loss in ‘Katrina’
He’ll probably tell you you’re not covered for flood damage
Ha…Ha…Ha…What about bond-fixing at Salomon or fraud at A.I.G.? Or those ‘Katrina’ victims left unpaid?
So what if hundreds of millions are squandered
Betting against the U.S. currency
Warren does what’s best for Warren
Yeah 9/11 was tragic the loss of life and all
allowing insurers and airlines and everyone to raise prices
to increase profit isn't that what it's all about?
And now ‘Warren’ tells us according to his yclept ‘metrics’
It is time to buy! Great now that Warren and his like
Are the only ones who have any money
And everyone tells Mr. Warren Buffet how brilliant he is
And Warren continues to laugh at us.
These men should be in jail, or at least post their pictures around town so the friendly unemployed can see them to shake their hands. Or whatever else comes to their minds.