Cuomo Sues Madoff’s ‘Middleman’ Over $2.4B Handoff

Staff / Truthdig Apr 7, 2009 Manhattan financier and art aficionado Ezra Merkin may pay a high price for passing some $2.4 billion of his own clients' money to Bernard Madoff, if New York Attorney General Andrew Cuomo has his way in the matter. Dig deeper ( 1 Min. Read )

N.Y. Attorney General Investigates AIG’s ‘Staggering’ Bonus Mess

Staff / Truthdig Mar 18, 2009 In a letter to House Financial Services Committee Chairman Barney Frank, reprinted here, New York Attorney General Andrew Cuomo shares what his office has discovered so far about AIG's scandalous bonuses, which "made more than 73 millionaires in the unit which lost so much money that it brought the firm to its knees, forcing a taxpayer bailout." Dig deeper ( 4 Min. Read )

New York’s A.G. Subpoenas Bank Execs Over Bonuses

Staff / Truthdig Jan 28, 2009 New York Attorney General Andrew Cuomo sent out subpoenas to Bank of America's Chief Administrative Officer J. Steele Alphin and recently ousted Merrill Lynch Chief Executive John Thain on Tuesday to look into hefty bonuses paid to Merrill Lynch higher-ups late last year -- even as the company was bleeding billions in losses. Dig deeper ( 1 Min. Read )

Kennedy Bows Out for ‘Personal Reasons’

Staff / Truthdig Jan 23, 2009 It's official: Caroline Kennedy will not continue her quest for the Senate seat vacated by Secretary of State Hillary Clinton. Kennedy reportedly told New York Gov. David Paterson on Wednesday that she was dropping out, and although he asked her to think it over for 24 hours she sent out an e-mail minutes after midnight saying she had withdrawn. Updated Dig deeper ( 1 Min. Read )

Another Sen. Kennedy in the Works?

Staff / Truthdig Dec 16, 2008 It seems inevitable that Caroline Kennedy would eventually follow the siren call of politics to the point of making her own bid for a Senate seat. It's even more fitting that, if she is selected by New York Gov. David A. Paterson, Kennedy will inherit the post from Sen. Hillary Clinton, a member of another Democratic dynasty. Dig deeper ( 1 Min. Read )

N.Y. Attorney General Goes After AIG

Staff / Truthdig Oct 17, 2008 It would seem imprudent, given the government's recent and unprecedented bailout of companies such as insurance giant AIG, for the likes of AIG to even entertain the idea of hefty executive payouts. Dig deeper ( 1 Min. Read )