New York AG Andrew Cuomo sent letters to eight TARP-covered Wall Street banks and companies (BAC, BK, C, GS, JPM, MS, STT, WFC), requesting details on their bonus and compensation plans - saying pay should be "based on incentives that build strong institutions, not built on incentives that bring the nation to its knees economically and are based on short-term, fictional profits."
New York AG Andrew Cuomo sent letters to eight TARP-covered Wall Street banks and companies...
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