Cuomo Letter on AIG Bonuses

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On March 17 New York Attorney General Andrew Cuomo wrote a letter to Rep. Barney Frank, Chairman of the Financial Services committee, about the AIG bonuses.

From Fox News

In the letter Cuomo states "we learned…(that) last Friday, (AIG) distributed more than $160 million in retention payments to members of its Financial Products Subsidiary, the unit of AIG that was principally responsible for the firm's meltdown.

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Tags: politics, obama, cuomo, aig, bonuses