NEW YORK AP - New York Attorney General Andrew Cuomo issued a subpoena to Bank of America Corp. this week demanding a list of every executive who received a bonus of more than $250,000 over the past two years.The subpoena marked an escalation of Cuomo's investigation of the hefty bonuses paid out to banking executives during the run-up to the industry's meltdown this fall.
November 13, 2008 at 12:00 AM
1 minute read
NEW YORK AP – New York Attorney General Andrew Cuomo issued a subpoena to Bank of America Corp. this week demanding a list of every executive who received a bonus of more than $250,000 over the past two years.
The subpoena marked an escalation of Cuomo’s investigation of the hefty bonuses paid out to banking executives during the run-up to the industry’s meltdown this fall.
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