Sun Shines on Bonus Buster Andrew Cuomo


The Bonus Buster today tasted sweet, sweet victory. New York judge Bernard Fried denied Bank of America's argument that compensation information is a trade secret, and granted Attorney General Andrew Cuomo permission to reveal the names of Merrill Lynch employees who raked in $3.6 billion in bonuses last year as the firm hemorrhaged money, necessitating its sale to BofA. "Let the sun shine in," the Bonus Buster actually, honest-to-blog, said of the decision in a statement today. "Justice Fried’s decision will now lift the shroud of secrecy ... Taxpayers demand and deserve transparency and now they will finally get it." Everyone ready for public outrage scandal part two? [Bloomberg]