There Will Be Cavity Searches

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By now you've likely heard the news that Attorney General Andrew Cuomo has joined the war on bonuses, sending letters to nine banks demanding that they hand over information on past and future pay packages for top employees, and threatened that he might be forced to sue them. Cuomo wrote: "Specifically, corporate expenditures and payments, made in the absence of fair consideration of undercapitalized firms, may well violate NY Debtor and Creditor Law 274, which deems such payments illegal fraudulent conveyances." I know gigantic bonuses that reward ineptitude can't continue, and that the firms just got a bunch of taxpayer money and blah blah blah but honestly, you know Andy is loving this shit. Can't you see him having a team stashed outside of Citi (Goldman, wherever) on November 5, the day the 411 is due, stop watch in hand, counting down to noon and at stroke after 12 declaring Vikula too late and motioning to everyone, "we're goin' in," at which point his performs a raid on the place, assaulting anyone who gets in his way with a night stick?
ATTORNEY GENERAL CUOMO SEEKS BONUS POOL INFORMATION FROM BANKS RECEIVING FEDERAL FUNDS [OAG]

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