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For Cuomo, Financial Crisis Is His Political Moment
New York Times ^ | March 20, 2009 | Michael Powell, Danny Hakim, and Louise Story

Posted on 03/21/2009 5:58:23 AM PDT by reaganaut1

Andrew M. Cuomo [...] often likens his investigations to a fine opera.

The opening act [...] is taken up with his investigation and rivets the audience’s attention. The middle acts are sung by tenors from executive suites, who agree to change their misbegotten ways.

The final act, in his rendition, is played by Congress or the State Legislature, which enacts new laws and systemic reform.

...

Mr. Cuomo’s use of his office, its powers and its bully pulpit, is muscular. He has [issued subpoenas to get] the names of bonus recipients from American International Group and Merrill Lynch. [...]

But with names in hand, the attorney general is experiencing a very Cuomo-esque moment of agonizing about the propriety of exposure. As he watched Edward M. Liddy, chief executive of the American International Group, describe death threats that his employees had received, including a note suggesting hangings with piano wire, Mr. Cuomo began this week to wonder whether the public baying had grown too loud, an aide who was with him said.

“There’s a risk it gets so loud it becomes counterproductive,” he said, the aide recalled. “It’s important to take a deep breath.”

For now, Mr. Cuomo will not publicize the names. Instead, he will give A.I.G. a few days to persuade the top earners to give back their bonuses. Then Mr. Cuomo’s staff will contact the holdouts. And then? Perhaps Mr. Cuomo releases a few names. (He still intends to release the names of Merrill Lynch bonus recipients, aides said.)

All of that would fit Mr. Cuomo’s profile as attorney general and his practice of relying more on his acute political antenna than on lawyerly concern with setting legal precedent. His enthusiasm for the subpoena worries some in the legal community, not least a few prosecutors.

(Excerpt) Read more at nytimes.com ...


TOPICS: News/Current Events; Politics/Elections; US: New York
KEYWORDS: 111th; aig; aigbonuses; andrewcuomo; bho44; cuomo
Bullying people to give up their pay by threatening their safety? Gosh, I thought an attorney general was supposed to be safeguarding the property and safety of the people in his state. If the Merrill or AIG bonuses are illegal and must be returned, let him prove it in court.

How would Cuomo like it if someone publicized detailed information about his family? I know Cuomo's father Mario was terribly sensitive about "stereotypes" of Italians being in the mob, but his son acts like a mobster.

I wonder if someone whose name is released and is later attacked would have grounds to sue the state of New York.

1 posted on 03/21/2009 5:58:24 AM PDT by reaganaut1
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To: reaganaut1

Cuomo helped write this friggin’ opera.


2 posted on 03/21/2009 6:00:39 AM PDT by maggief
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To: reaganaut1
All of the government people involved are evil. They agreed to a contract. All the principle players, from the boy prez on down the food chain, wrote and/or knew about it and signed on.

Now it's become public knowledge, probably b/c they made it so to scapegoat someone else so they can grandstand, and so the AIG people and their families are public enemies subject to mob threats and for doing what? Working with our evil government.

3 posted on 03/21/2009 6:09:34 AM PDT by GBA
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To: reaganaut1

Vultures such as Cuomo, always circling above sick companies in NY for the TV coverage, should spur every healthy business to flee his state. Spitzer operated the same way. New York should not be the financial center of the country. Move Wall St. to Atlanta or Dallas.


4 posted on 03/21/2009 6:09:55 AM PDT by kittymyrib
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To: reaganaut1

Following rignt in the steps of his mentor... Prince Elliot.


5 posted on 03/21/2009 6:11:19 AM PDT by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: maggief

Yes, I don’t understand why his part in the Fannie/Freddie mess
isn’t harped on by Republicans. I know they are the stupid party
but this is a no-brainer!


6 posted on 03/21/2009 6:21:01 AM PDT by gussiefinknottle (woof!woof!woof!)
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To: gussiefinknottle
Yes, I don’t understand why his part in the Fannie/Freddie mess isn’t harped on by Republicans. I know they are the stupid party but this is a no-brainer!

My take on it is that the Republican Party and Democrat Party, at the national level, are a charade, a political theater, a con ... The goals of the political class, whether republican or democrat, are the same. They put on a show, pretend to give us a choice, but the trajectory of government (more costs, more taxes, more control) stays the same regardless of who is in power.

If there was shred of integrity in any Republican, and they are truly an independent party, then they would be raising hell every second of every day about the plethora of constitutional issues, bad policy decisions, and blatant corruption in the Democrat/Obama/ACORN/SOROS machine. But instead, some number of them vote yea on a blatantly unconstitutional ex post facto/bill of attainder against select US citizens who have broken no laws.

Sure, republicans pretend to be outraged, but even Charley Rangle, democrat, in a scripted bit of smoke blowing, mentions that ACORN should be investigated. Nothing will come of it. It's smoke and mirrors.

We are being played.

7 posted on 03/21/2009 6:34:31 AM PDT by spodefly (This is my tag line. There are many like it, but this one is mine.)
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To: reaganaut1
He has [issued subpoenas to get] the names of bonus recipients from American International Group and Merrill Lynch

WTH business is this of the NY AG? The bonuses were authorized by an act of Congress. Not a law of the state of New York.

I am so sick of these pukes and their grandstanding.

8 posted on 03/21/2009 6:37:34 AM PDT by freespirited (Is this a nation of laws or a nation of Democrats? -- Charles Krauthammer)
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To: reaganaut1

Cuomo is BAD news....just like Spitzer....they are BOTH TYRANTS.


9 posted on 03/21/2009 6:50:51 AM PDT by Ann Archy (Abortion....the Human Sacrifice to the god of Convenience.)
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