now that's what I'm talking about

Oct 16, 2008 01:20

Cuomo Asks Recovery of Bonuses at A.I.G.: "New York's attorney general demanded on Wednesday that the American International Group recover bonuses and other payments from its former executives, lest he take formal action against the insurer...The attorney general, Andrew M. Cuomo, made his demand in a letter to A.I.G.'s board, citing "unwarranted and outrageous expenditures" by the company as contrary to New York law. The letter, which described a lavish golf outing and an overseas hunting trip that cost nearly $100,000, follows other recent disclosures of excess by corporate America."

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