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Home / NY: Congressional Allies are Aided by New York AG’s SuitNY: Congressional Allies are Aided by New York AG’s Suit
Last Updated on Tuesday, 24 February 2009 11:13 Written by rslcpol Tuesday, 24 February 2009 11:13
From the Hill’s Blog:
New York Attorney General Andrew Cuomo (D) filed a motion seeking to force former Merrill Lynch CEO John Thain to testify about his company’s bonuses, a move expected to aid lawmakers working with Cuomo in their investigations into executive compensation.
House Financial Services Committee Chairman Barney Frank (D-Mass.) and Joint Economic Committee Chairwoman Carolyn Maloney (D-N.Y.) have been working regularly with Cuomo, sources in both Washington and Albany said Monday, to assist each others’ investigations into bonuses paid to bankers receiving federal bailout funds.