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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Andrew Cuomo

Andrew Cuomo stories: 63 news summaries

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Giuliani Plans Run for US Senate

He's also got his eye
on a 2012 presidential bid, say insiders

Nov 19, 09 2:56 PM CST
(Newser) - Rudy Giuliani will run for US Senate next year as a possible steppingstone to a presidential bid in 2012, sources tell the New York Daily News. Giuliani plans to challenge Kirsten Gillibrand for the remaining two years of Hillary Clinton’s term. He had been expected to run for governor... More »

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Rudy Giuliani • Andrew Cuomo • governor • David Paterson • 2010 election • Kirsten Gillibrand

 Cuomo Slaps Intel 
 With Antitrust Suit 

Says chipmaker paid kickbacks, strongarmed manufacturers

Nov 4, 09 10:41 AM CST
(Newser) - New York Attorney General Andrew Cuomo filed an antitrust suit against Intel today, accusing it of “a worldwide, systematic campaign of illegal conduct.” Cuomo says Intel paid computer manufacturers billions in kickbacks provided they didn’t produce computers with rival chips. The money was disguised as “rebates,... More »

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Intel • antitrust • Andrew Cuomo • antitrust suit • AMD • processor • computer hardware • Intel Corp

 Paterson to 
 Detractors: 
 I'm Running 


New York governor resists White House pressure

Sep 20, 09 3:29 PM CDT
(AP) - Gov. David Paterson isn't scrapping his plans to run for the office he inherited 18 months ago, despite growing pressure from Washington and intervention by the Rev. Al Sharpton, who has contacted the governor and the White House over his concern. "My plans for 2010 are to run for... More »

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Democrats • Al Sharpton • Andrew Cuomo • governor • David Paterson • 2010 election

 Prez to Paterson: 
 Get Out of NY Gov Race 

Obama fears Dem's unpopularity could hand race to GOP

Sep 20, 09 4:49 AM CDT
(Newser) - President Obama has told New York Gov. David Paterson not to run in next year's gubernatorial election, reports the New York Times. Obama's fear is that the unpopular Democrat could give otherwise listless Republicans incentive to storm the polls, sources say. That would be doubly true if former New York... More »

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Barack Obama • Eliot Spitzer • Andrew Cuomo • David Paterson • Democratic candidates

 Cuomo Hits 5 BofA Directors 
 With Subpoenas 

Bank's board may have hid Merrill losses from shareholders

Sep 16, 09 1:50 PM CDT
(Newser) - Andrew Cuomo subpoenaed five members of Bank of America’s board of directors today in his probe to uncover whether the bank was truthful to shareholders about losses at Merrill Lynch, the Wall Street Journal reports. The New York Attorney General suspects that the board was fully informed of the... More »

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Attorney General • Bank of America • shareholders • merger • Merrill Lynch • Andrew Cuomo • New York Attorney General

What Bailout? AIG CEO Prefers Making Wine

Under fire for blunt talk, Benmosche pursues real passion: grapes

Sep 3, 09 9:25 AM CDT
(Newser) - New AIG chief Robert Benmosche has garnered reams of bad coverage since taking over the train-wreck insurer—and nearly a month into the job, he's still at his holiday villa in Croatia. Reuters visited Benmosche at his coastal idyll and finds his true passion to be not finance but the... More »

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Croatia • Andrew Cuomo • AIG • bailout • financial crisis • Robert Benmosche

(Newser) - The big banks should rein in the "eye-popping" salaries they pay top execs and shift to a more principles-based rewards system, FDIC chief Sheila Bair tells Bloomberg. Bair, along with House Democrats and New York's attorney general, says if the banks don't change their ways, regulators should set... More »

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executive compensation • Andrew Cuomo • bonuses • FDIC • risky trading • Sheila Bair

TARP-Funded Banks Kept Awarding Bonuses

Firms paid more than they made: Cuomo

Jul 30, 09 12:52 PM CDT
(Newser) - The financial crisis and government bailouts did little to change Wall Street’s executive compensation habits, New York's attorney general says. All nine banks given assistance by TARP paid out bonuses in 2008—well before any paid back government loans, according to a survey ordered by Andrew Cuomo. Goldman Sachs,... More »

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Citigroup • executive compensation • Bank of America • Goldman Sachs • Merrill Lynch • Andrew Cuomo • bonuses • bailout • Troubled Asset Relief Program • Wall Street bailout • TARP

(Newser) - The New York attorney general has told Charles Schwab he will sue the brokerage for civil fraud over its marketing of securities to clients, reports the Wall Street Journal. Andrew Cuomo alleges that Schwab's brokers had little understanding of the financial instruments and then failed to inform clients that the... More »

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debt • lawsuit • Andrew Cuomo • liquidity • brokerage • Charles Schwab Corp • auction-rate securities • brokers • financial crisis

Rattner May Have Quit Over Pay-to-Play Settlement

New York AG targets ex-car czar's company

Jul 15, 09 8:30 AM CDT
(Newser) - Washington is dying to know why Steven Rattner quit after just months as President Obama’s car czar. One possible reason: New York Attorney General Andrew Cuomo is pushing for a legal settlement with his company for its part in a pay-to-play scandal surrounding the state’s pension fund, sources... More »

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New York • General Motors • Andrew Cuomo • pension funds • Obama administration • President Obama • pay to play • car czar • Steven Rattner

(Newser) - Rudy Giuliani today got one step closer to maybe announcing a run for New York governor in 2010, the Daily News reports. The former NYC mayor and Republican presidential candidate explained his position to CNN. “I’m thinking about it,” he said. “I don’t know if... More »

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Rudy Giuliani • Andrew Cuomo • campaign • governor • David Paterson • New York state • Election 2010

 Madoff Money Man Steps Down 

Cuomo pushes Merkin out

May 19, 09 10:45 AM CDT
(Newser) - Thanks to some strong arming from Andrew Cuomo, financier J. Ezra Merkin is stepping down as manager of his hedge fund and placing it into receivership, the Wall Street Journal reports. Cuomo charged Merkin in a civil fraud complaint last month, saying he “betrayed hundreds of investors,”... More »

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hedge fund • Andrew Cuomo • Ponzi scheme • New York Attorney General • Bernard Madoff • Ezra Merkin

Carlyle to Pay $20M to Settle Pension Probe

Private equity firm adopts ethics rules to end Cuomo inquiry

May 15, 09 7:04 AM CDT
(Newser) - The Carlyle Group will pay a $20 million settlement and adopt strict new ethics rules to appease New York Attorney General Andrew Cuomo, the Wall Street Journal reports. Cuomo had threatened to bring charges against the group or its employees as part of his pay-to-play probe into New York’... More »

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New York • Carlyle Group • Andrew Cuomo • pension funds • pay-to-play

Texas Firm Charged in Kickback Case

Pension 'pay to play' scheme had tentacles
in many states: Cuomo

May 1, 09 9:22 AM CDT
(Newser) - New York Attorney General Andrew Cuomo and the SEC brought criminal charges yesterday against Saul Meyer, founder of Aldus Equity Partners, saying the firm had been involved in a “pay to play” scheme to manage part of New York’s pension scheme. And that’s just the tip of... More »

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corruption • Andrew Cuomo • pay to play • Securities and Exchange Commission • Aldus Equity Partners • Henry Morris • Saul Meyer

Paulson Threatened
to Oust Lewis, BofA Board

Cuomo wants
federal investigation

Apr 23, 09 5:31 PM CDT
(Newser) - Bank of America wanted to pull out of its deal with a fast-sinking Merrill Lynch last year but changed course after then-Treasury chief Henry Paulson threatened to oust CEO Ken Lewis and the entire BofA board, the Wall Street Journal reports. The revelation came in a letter to members of... More »

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Bank of America • Henry Paulson • Merrill Lynch • Andrew Cuomo • banking industry • Ken Lewis

(Newser) - Is Client No. 9 getting back into politics? Eliot Spitzer is considering a 2010 bid for his old job as New York’s attorney general, sources tell the New York Post—assuming Andrew Cuomo vacates the post to run for governor. “My record as governor was disappointing,”... More »

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New York • sex scandal • Eliot Spitzer • Andrew Cuomo • governor • New York Attorney General

Cuomo Charges Madoff Feeder With Fraud

Says 'investment guru' Merkin was really just 'master marketer'

Apr 6, 09 12:24 PM CDT
(Newser) - New York AG Andrew Cuomo has charged J. Ezra Merkin, a prominent New York philanthropist who funneled $2.4 billion into Bernie Madoff’s Ponzi scheme, with fraud, the Wall Street Journal reports. The complaint doesn’t accuse Merkin of knowing about the scheme. But it alleges that he... More »

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fraud • charity • nonprofit • Andrew Cuomo • Ponzi scheme • Bernard Madoff • Ezra Merkin

(Newser) - New York Attorney General Andrew Cuomo said today that most of the top bonus recipients at AIG have agreed to return the money, amounting to more than $50 million, the Wall Street Journal reports. Fifteen of the top 20 beneficiaries of $165 million at AIG's Financial Products unit—which played... More »

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Wall Street • Andrew Cuomo • AIG • executive bonuses



 Cuomo Could 
 Capitalize on 
 Wall St. Crisis 

Will he reveal AIG names?

Mar 21, 09 2:33 PM CDT
(Newser) - Andrew Cuomo’s political career has hit a crossroads, the New York Times reports. The New York attorney general has found his moment, slinging subpoenas at Wall Street like a populist avenger. He’s forced concessions from the rating agencies and student loan lenders, and pried the names of... More »

MORE ABOUT:
Wall Street • New York • Andrew Cuomo • AIG • New York Attorney General

Bank of America Must
Name Bonus Execs

Court demands firm spills

Mar 19, 09 4:30 AM CDT
(Newser) - This doesn’t bode well for AIG: A judge ruled yesterday that Bank of America must identify the Merrill Lynch executives who received $3.6 billion in bonuses ahead of the banks’ merger, reports the Wall Street Journal. New York Attorney General Andrew Cuomo sought disclosure as part of his... More »

MORE ABOUT:
Bank of America • Merrill Lynch • court • Andrew Cuomo • bonuses • court order • fiscal crisis • Ken Lewis

1 - 20 of 63 Stories | 1 2 3 4 Next >>


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