Some U.S. bank pay unmoored from performance: Cuomo | Reuters


Most people who know me know I’m a pretty optimistic guy. Then this comes along. There’s no fixing it.

NEW YORK (Reuters) – Bonuses paid to executives at nine banks that received U.S. government bailout money in 2008 were greater than net income at some of the banks, the office of New York Attorney General Andrew Cuomo said on Thursday.

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