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Merrill bonuses may have predated losses: Cuomo (Reuters)

Started by riky, March 11, 2009, 11:14:58 PM

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riky

Merrill bonuses may have predated losses: Cuomo
    (Reuters)

 



Reuters - Merrill Lynch & Co traders may have booked hefty losses late last year only after learning of their 2008 bonuses, but executives chose not to revisit their decision to pay out $3.62 billion of bonuses, New York Attorney General Andrew Cuomo said on Wednesday.


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