Andrew Cuomo filed another appeal seeking the release of the names of Merrill Lynch’s top earners last year, and the court filing contains transcripts of the depositions John Thain, Ken Lewis, and other executives gave to his office recently. Honestly, we're a little disappointed. Whatever nipple clamps they were using in the Bonus Buster's office must not be up to snuff, because the actual testimony is not that exciting. We learn about the early days of Merrill and Bank of America's relationship from when John Thain and Ken Lewis met during the Lehman debacle (Thain went over to Bank of America's apartment in the Time Warner Center, Ken Lewis made some untoward advances, Thain said "I don't want to see the company!" because he is not that kind of girl, but then one thing led to another and suddenly he was that kind of girl, etc.) to their unceremonious parting of ways. What is interesting, The Wall Street Journal tells us (because we didn't go through the whole 200-page thing ourselves), is that while a Merrill Lynch lawyer told Congress that "incentive compensation decisions for 2008 [had] not yet been made" in November, testimony from the head of Merrill's compensation committee indicates that actually, Merrill had voted to accelerate the bonus payments to December from January two weeks before that. So now Cuomo has the evidence he needs to call them liars. Score one for the Bonus Buster! Finally.
Most Viewed Stories
Every Netflix Original Series, Ranked
What’s New on Netflix: September 2015
Thank You, Nicki Minaj
How We Are Your Friends and Other August Flops Were Maimed by Bad Marketing
Miley Cyrus’s VMAs Outfits, Ranked From Bad to Worse
The Man Deciding Whether to Cheat on His Sexless Relationship
Romney Is Horrified by Trump — and That’s Restarting ‘Mitt 2016’ Talk
James Bond Author Has a Casually Racist Reason Why Idris Elba Shouldn’t Play 007 [Updated]
More Intriguingly Mundane Moments From Hillary Clinton’s Email
What’s Leaving Netflix: September 2015
Latest News from Daily IntelligencerRomney Is Horrified by Trump — and That’s Restarting ‘Mitt 2016’ Talk
“Mitt wants to run. He never stopped wanting to run,” says a senior member of his 2012 team.The Popemobile Will Now Be Cruising Through Central Park
New Yorkers can win tickets via a lottery to see Pope Francis there September 25.What It Was Like to Do a Flyby of Pluto
Whoa.The ‘Taxi of Tomorrow’ Is Now Officially the Taxi of Today
Most yellow-cab owners in New York are now required to upgrade to the boxy Nissan NV200 when replacing their older vehicles.8 Ways Scott Walker Revealed His Pure Love of Reagan
Takeaways from a revealing interview.ISIS Destroyed Another Ancient Temple in Syria
The U.N. has now confirmed the destruction of the Temple of Bel, which was nearly 2,000 years old.Baby Girl Enters World in the Backseat of an NYC Uber
Her mom gave birth near the Lincoln Tunnel, on the way to the hospital.Defying the Supreme Court, Kentucky Clerk Is Still Denying Marriage Licenses to Same-Sex Couples
Even after being instructed by the court to issue the licenses, Rowan County clerk Kim Davis rejected two more couples this morning, citing “God's authority.”More Intriguingly Mundane Moments From Hillary Clinton’s Email
Featuring Chelsea's memo to her parents, concerns about gefilte fish, and plenty of mysterious redactions.
The university's president said Columbia would host the president after he left the White House — but offered no more details.
Forty-two-year-old Sean Ludwick is being held on $1 million bond.Where Does 2020 Presidential Candidate Kanye West Stand on the Issues?
He’s concerned about prison reform and income inequality, but may be anti-book.Jeb Bush Responds to Insanely Racist Trump Ad by Calling Trump Liberal
Nice party you’ve got here, Republicans.Giant Dead-Rat Bouquet Adorns Lower East Side Scaffolding
Yup.Vice Journalists Accused of ‘Terror Activity’ in Turkey
Their translator was also arrested.Dick Cheney’s Ideas to Stop Iranian Nukes Are As Sophisticated As You Might Expect
The man who did more to enable Iran's rise to power than anybody in history speaks out.Couple Arrested for Taking Selfies on Boat Already Occupied by Sleeping Family
They left behind a bag of still-warm food from a KFC/Taco Bell.Cheney Sure Likes the Idea of a Biden Presidential Campaign
"Well, go for it, Joe."Is America Ready for a Dog President?
Let's hope so!Obama to Run Off Into the Alaskan Wilderness With Bear Grylls
"President Obama will become the first U.S. president to receive a crash course in survival techniques from Bear Grylls."