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Posted on March 24, 2009 | tags

 
 

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