Wednesday, March 18, 2009

Judge Rules that the Bonus Information MUST be released.....

Click the title to learn more.....
here is a snippet from Brian Ross's ABC story::
"Attorney General of New York Andrew Cuomo took Bank of America to court to force them to reveal the information, after the bank said it was proprietary. But Wednesday New York State Supreme Court Judge Bernard Fried denied Bank of America's motion to keep the names secret saying the Attorney General of New York has the "authority to decide whether the information he gathers as part of his investigation should be kept secret or public."

3 comments:

Fran said...

Good~ I've had all I can take re the bonus bullshit & this dance around "industry standard".

It's not industry standard to take billions in bailout money.....

no freaking bonuses (or any other creative name/avenue which amounts to the same as a bonus) until the $$$ is paid back to the US treasury.

If they tax it for the full amount..... might I suggest they also add an interest fine to the tax???

enigma4ever said...

I don't think "taxing " them matters- esp the London office- how are we going to tax london ???

the whole thing is absurd..contracts my ass...it's hush money...

Fran said...

Good point--- but they can tax US bonus recipients with a formula that imposes what amounts to paying interest on the missing money in the meantime.

Bonus this!

Jay Leno delivered this line re bailout bonus money:

Barack Obama has changed his slogan from
YES WE CAN to

OH NO YOU DON'T!!!!!