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Andrew Cuomo will file an order against John Thain later today

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I see Andrew Cuomo being President one day. Who could vote against him?

He's a guy just like our President Obama, totally dedicated to working Americans and not corporate elitist.

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Cuomo To File Court Order against Merrill Lynch CEO

 

New York State Attorney General Andrew Cuomo will file an order against John Thain later today to force the former Merrill Lynch & Co. CEO to disclose detailed information about the $3.6 billion in bonuses the firm awarded employees before the end of last year.OAS_RICH("Middle"); var TFSMFlash_PRETAG=""; var TFSMFlash_POSTTAG=""; var TFSMFlash_VERSION="9"; var TFSMFlash_WMODE="window"; var TFSMFlash_OASCLICK="http://oas-central.realmedia.com/RealMedia/ads/click_lx.ads/www.investmentnews.com/article/902239962/L30/1621585909/Middle/crain/INO_OZ_MANAGERSINV_ROS_300_0209/INO_MANAGERSINVEST_ROS_300_0109rev.html/522b45762f556d6f5663414142787847?http://www.managersinvest.com/index/register_confirm%3Frequires=%26attempted_filename= OnTopOfTheMarket/ototm-4q08-ip.pdf"; var TFSMFlash_SWFCLICKVARIABLE="?clickTAG="+TFSMFlash_ OASCLICK ; var TFSMFlash_SWFFILE="http://imagec10.247realmedia.com/RealMedia/ads/Creatives/crain/INO_OZ_MANAGERSINV_ROS_300_0209/OTOTM_300x250[1].swf/1233082948"+TFSMFlash_SWFCLICKVARIABLE; var TFSMFlash_FSCOMMAND=""; var TFSMFlash_IMAGEALTERNATE=""; var TFSMFlash_OASALTTEXT=""; var TFSMFlash_OASTARGET="_blank"; var TFSMFlash_OASPROTOCOL="http://"; var TFSMFlash_OASDIM="WIDTH='300' HEIGHT='250'"; var TFSMFlash_OASADID="OAS_RMF_Middle_FLASH"; document.write(''); According to court documents obtained by InvestmentNews, Mr. Thain, who was subpoenaed by Mr. Cuomo's office over this issue, "refused to answer questions" about the bonuses that were awarded to Merrill employees during his deposition last Thursday.

Mr. Cuomo's office has argued that Mr. Thain"secretly" moved up the timetable to payout these bonuses before it was officially acquired by Bank of America Corp. on Jan. 1 before it was revealed that Merrill would post a $15 billion loss for the fourth quarter. The subpoena was issued at the end of last month to ask Mr. Thain questions about how these bonuses were determined.

"Thain claimed that his refusal to answer these relevant questions was based on an instruction from Bank of America," according to latest court documents, which will be filed in New York State Court later today. "Bank of America, Mr. Thain's former employer, has no authority to issue such an instruction."

Mr. Cuomo's office has also issued a subpoena to Ken Lewis, BofA's CEO, to offer testimony on the Merrill bonuses as well.

Scott Silvestri, Charlotte, N.C.-based BofA spokesman, was not immediately available to comment.

http://www.investmentnews.com/apps/p.../REG/902239962

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Thank god, scum bag. I hope he goes right in the klink and has two big, endowed cell mates that, well, you know......that really like him alot.heart.gif

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Andrew is a loser. A mere glint of the power and personna he father wielded.

 

He couldn't even get elected to the Gov. Slot or get picked to replace Hillary in the Senate.

 

I doubt if his case against Thain will hold up in court.

 

Thain's judgement may be questionable, but nothing criminal.

 

Cuomo's trying to put together a Kangaroo Court to shine his dull political record.

 

Class Warfare at its nastiest is not what the Constitution will support.

 

SP - you are easily swayed by personality hate. An easy lift for the gullible amongest us.

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View PostAndrew is a loser. A mere glint of the power and personna he father wielded.

 

He couldn't even get elected to the Gov. Slot or get picked to replace Hillary in the Senate.

 

I doubt if his case against Thain will hold up in court.

 

Thain's judgement may be questionable, but nothing criminal.

 

Cuomo's trying to put together a Kangaroo Court to shine his dull political record.

 

Class Warfare at its nastiest is not what the Constitution will support.

 

SP - you are easily swayed by personality hate. An easy lift for the gullible amongest us.

 

 

You know what they say, "ya can't shine sheit". wink.gif

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