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20 Feb 2010 11:52

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Politics: We’d like to correct David Paterson’s reelection run speech

  • There’s so many people saying, ‘you shouldn’t run for governor.’ But you need to know this is a governor who does not quit will not win.
  • New York Gov. David Paterson • Who brushed off a New York Times article which should have been murder for his reelection chances to announce his plans today. Paterson, who is unpopular in his state, faces a challenge in the Democratic primary from Attorney General Andrew Cuomo, who, like the last attorney general (Eliot Spitzer) has bolstered his rep in that position. Paterson, on the other hand, is trying to use his underdog status – he has just $3 million in the bank, which is anemic for a gubernatorial campaign – to his advantage. Good luck with that, bro. This ain’t no movie comeback story where the underdog wins. source

24 Mar 2009 09:37

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Biz, U.S.: N.Y. Attorney General wants, but can’t get, all the AIG bonuses back

  • We have a very aggressive theory about our jurisdiction, but we don’t have a theory that gets us to London.
  • Andrew Cuomo • N.Y. Attorney General, on his plan to get the AIG bonuses back. Unfortunately, he doesn’t think he can legally get money back from AIG’s financial products division, which is based in London and was largely responsible for the credit-default swaps which got us in this mess. • source

24 Mar 2009 09:30

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Biz, U.S.: Most of AIG’s top ten bonuses will be given back

  • nine execs have agreed to give their AIG bonuses back; the tenth guy didn’t. Let’s beat him up!
  • $50 million amount of bonuses the executives are giving back, out of $165 million total. source