(Clusterstock.com) New York Attorney General Andrew Cuomo is stepping up the investigation into Merrill's $4 billion bailout-for-bonuses scandal. He is also reportedly considering demanding that the bonuses be paid back:
Susanne Craig, WSJ: New York Attorney General Andrew Cuomo is expanding the scope of his investigation into bonuses paid by Merrill Lynch, with the inquiry now likely to include whether directors and shareholders were misled about giant losses at the Wall Street firm, a person familiar with the situation said.
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