Tuesday, March 24, 2009

Perhaps justice WILL prevail in the end.

Connecticut subpoenas AIG executives on bonuses

* 14 current and former AIG executives subpoenaed * Conn. top lawyer disputes Bernanke on state wage law * Blumenthal urges Fed chief to pursue lawsuit against AIG Connecticut authorities have subpoenaed 14 current and former executives of American International Group in an investigation over compensation and bonus practices. Connecticut's attorney general on Tuesday also disputed Federal Reserve Chairman Ben Bernanke's assertion that blocking AIG's controversial bonus payments would violate state law Blumenthal also criticized Bernanke for testifying in Congress that Connecticut's wage law posed a barrier to any lawsuit seeking to block AIG's bonus payments.

Posted by devo @ 09:52 PM (779 views)
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One thought on “Perhaps justice WILL prevail in the end.

  • Bernanke, the elephant in the room.

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