New York Attorney General Andrew Cuomo may demand the return of an estimated $4 billion paid in bonuses by Merrill Lynch last December, according to sources close to the matter. Cuomo also hopes to find out exactly how much Bank of America CEO Ken Lewis knew about plans for bonuses at Merrill Lynch and about the company’s staggering 4th quarter losses. (Bloomberg)
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=146514