Cuomo Subpoenas AIG Bonus Information

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As I anticipated, AIG was not in fact able to gather all the information Andrew Cuomo wanted before the New York attorney general’s 4pm deadline. Cuomo wrote a letter to AIG this morning demanding information about the millions of dollars of bonus money it’s handing out to employees of its financial services division—the same division that got it into the mess it’s currently in. As the deadline passed this afternoon, Cuomo called performance bonuses for AIG executives “oxymoronic” and said he was issuing subpoenas immediately.

OnceIf Cuomo gets the names, you can expect the executives who received bonuses to be very publicly shamed. Maybe then some of them will give the money back.

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BEFORE YOU CLICK AWAY!

“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things they don’t like—which is most things that are true.

No one gets to tell Mother Jones what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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