Apparently this group was downtown earlier today, marching with music and signs that read “make banks pay” and “people before Wall Street, Governor Cuomo.”
Andrew Cuomo
(An Indignant) Steve Rattner: Andrew Cuomo Is The First Person To Ever Question My Ethics Or Integrity
By Bess Levin
(The people who questioned his artistic integrity re: the whole “Chooch” thing don’t count, right? Okay, cool, then no one, ever.) Continue reading »
“He seems like the right choice for New York,” she said last night at 1Oak. [Daily Intel]
Steve Rattner, the former car czar and founder of Quadrangle Group, just got run over by his former firm.
After settling this morning with Andrew Cuomo and the SEC., Quadrangle issued a statement saying “we wholly disavow the conduct engaged in by Steve Rattner, who hired the New York State Comptroller’s political consultant, Hank Morris, to arrange an investment from the New York State Common Retirement Fund. That conduct was inappropriate, wrong, and unethical.” Damn that’s harsh. Continue reading »
Dick Bové Does Not Support Andrew Cuomo’s Theoretical Run For Governor, Because He Believes The Attorney General To Be An Idiot
By Bess LevinAccording to the Rochdale analyst, as Attorney General, one of Andy-boy’s goals has very clearly been to suck the financial industry’s workers dry, which is why she, Dick Bové, recommends Florida over New York, if you can bear the humidity. And for those of you saying Cuomo would change his ways once elected, Dick says wake up! Cuomo couldn’t do right by Wall Street even if he wanted to, because he’s too stupid. Oh, she went there.
Dick Bove took a break from whatever it is he’s doing today to profess, once again, his never-ending love for Ken Lewis and BofA. In response to the charges Cuomo and the SEC filed last week against the bank and its ex-leaders, Bove had just one thing to say: “The actions of Andrew Cuomo and the SEC cost billions and untold suffering.”
B to the A has settled the never-ending SEC charges pertaining to the Merrill acquisition, and agreed to pay $150 million in fines. This comes on top of Cuomo’s civil lawsuit under NY’s Martin Act, charging Lewis and Joe Price for “misleading investors about the Merrill purchase” and its failure to disclose a multibillion-dollar loss and big bonus payouts at ML before shareholders voted on the merger in December 2008. As for the latter, BofA had this to say in a statement:
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