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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is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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