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New York Attorney General Andrew Cuomo is trying to develop a nationwide investigation with his counterparts in 35 other states to root out what he calls corruption and abuse of public workers' pension funds nationwide, a state official said. ...more
May 2, 2009
AIG employees have agreed to return about $50 million of the $165 million in bonuses. ...more
March 23, 2009
While Democrats in Congress look to recoup $165 million in bonus money paid to executives at American International Group Inc., three local bankers chimed in on what they considered a perfect storm of rampant greed on Wall Street and negligence on Capitol Hill. ...more
March 18, 2009
Talking tougher by the hour, livid Democrats confronted beleaguered insurance giant AIG with an ultimatum Tuesday: Give back $165 million in post-bailout bonuses or watch Congress tax it away with emergency legislation. ...more
March 17, 2009
Responding to growing public outrage, President Barack Obama reversed course Monday and ordered his administration to "pursue every legal avenue" to challenge $165 million in bonuses recently paid to employees of insurance giant American International Group Inc. ...more
March 17, 2009
Democratic Rep. Kirsten Gillibrand emerged as a leading contender Thursday night as New York Gov. David Paterson closed in on a decision to fill the state's vacant Senate seat, according to party officials monitoring events in the wake of Caroline Kennedy's abrupt withdrawal from consideration. ...more
January 23, 2009
Gov. David Paterson said Friday that the loss of tax revenue from just six Goldman Sachs' executives will cost New York $178 million. ...more
December 19, 2008
The star of "The Nanny" wants to go from playing nasally New Yawkers to succeeding Hillary Rodham Clinton in the U.S. Senate. ...more
December 11, 2008
Consumer Prices Surge, Job Market Remains Strained WASHINGTON (AP) - Inflation is running at the fastest pace in 17 years, the job market is under further strain and foreclosure filings are surging. ...more
August 17, 2008
JPMorgan Chase & Co. and Morgan Stanley on Thursday became the latest banks to reach settlements with New York Attorney General Andrew Cuomo and other regulators as part of an investigation into the collapse of the auction-rate securities market. ...more
August 15, 2008
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