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N.Y. Attorney General asks banks about bonuses
By Alistair Barr, MarketWatch
Last update: 4:12 p.m. EDT Oct. 29, 2008

SAN FRANCISCO (MarketWatch) -- New York Attorney General Andrew Cuomo has asked nine of the largest U.S. banks for information about the bonuses they plan to pay.
Cuomo sent a letter requesting the information to the nine banks that initially agreed to get an investment from the Treasury Department earlier this month.

Cuomo's request was focused on the boards of directors of the banks. He's looking for "detailed information regarding the bonus pool allocations," of the companies, according to a statement.
Cuomo is also asking the banks how they will protect taxpayer funds.