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AIG Coughs Up Bonus Names To Cuomo

by: phillip anderson

Thu Mar 19, 2009 at 17:00:41 PM EDT


Our Attorney General is certainly having a busy day. Earlier today he dropped a 132 count indictment against Hank Morris for a massive pay to play scam with the state's pension fund. Now he's got that list of names from AIG detailing who got what and who has or has not given any of it back. Not bad for a day's work. He released this statement a few minutes ago:

I have received the list of AIG FP employees who received retention payouts. Mr. Liddy testified in Congress yesterday that he intended to comply with our subpoena and expressed concern for employee safety. Mr. Liddy has in fact now complied with the subpoena. We are aware of the security concerns of AIG employees, and we will be sensitive to those issues by doing a risk assessment before releasing any individual's name. The Attorney General's Office is a law enforcement agency and is experienced in making these assessments.

As we perform our review, we will simultaneously be working with AIG over the next few days to determine which employees received payments and which chose to return the money they received.

The Attorney General's Office will responsibly balance the public's right to know how their tax dollars are spent with individual security, privacy rights, and corporate prerogative.

At this moment, with emotions running high, it is important that we proceed diligently, with care, reflection, and sober judgment. We thank AIG for their compliance.

And for those looking for the New York political dimension in all this, I think it is simply that our current governor can't compete with this. Cuomo is following in Spitzer's footsteps here, becoming the new sheriff of Wall St. He's getting national attention for taking the least popular people in the world right now to task.

Paterson is stuck trying to craft a budget and save the MTA.

No way Paterson can hang with this.  

phillip anderson :: AIG Coughs Up Bonus Names To Cuomo
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Spot on, Phillip (0.00 / 0)
So, Andrew's people: when will we have the pleasure of his company at a live-blog on TAP?

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