19 March 2009

AIG could face court action on bonus details: Cuomo

AIG could face court action on bonus details: Cuomo: "American International Group Inc. will be taken to court if it does not provide details Thursday of bonus recipients that were requested under a subpoena, New York Attorney General Andrew Cuomo said.

Mr. Cuomo also told reporters on a conference call that he expected Bank of America to provide the names of 200 highest bonus earners at Merrill Lynch & Co. last year under a state court ruling published Wednesday, which said the names were not a trade secret and could be made public."

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