Cuomo on AIG
New York Attorney General Cuomo held a public forum in Rochester and here is a clip of him describing how taxpayers are protected when various companies are “bailed out”. Companies like AIG.
You might remember - AIG, they received a bunch of money and then sent their executives on a executive retreat. Well - when I announced AG Cuomo’s visit, I mentioned yet ANOTHER retreat that AIG participated in. Chris in Paris over at Americablog has some additional information on AIG $3 million dollars bonus - he also notes that AG Cuomo sent a letter that could recoup these things.
Sort of neat to see that written in a blog the day after hearing about it letter live.
Anyway, AIG is a real piece of work
More later on the forum as worklife subsidies a bit.
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