2008-10-29yahoo.com

``New York Attorney General Andrew Cuomo, who negotiated executive payment clawbacks by American International Group Inc (NYSE:AIG - News) as it received a taxpayer bailout, warned nine banks receiving government money on Wednesday that using the funds for bonus payments may be illegal under state law.''



Comments:

KBB at 11:00 2008-10-30 said:
Illegal???? It becomes illegal when you act unethically and immorally. Perhaps the CEOs should take a second look at their company's Code of Coduct. It's obvious they didn't comprehend it the first few time they read it. Permalink

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