Merrill Lynch Gave Top Earners $209 Million In 2008 (SLIDESHOW)
Huffington Post | Katharine Zaleski | March 4, 2009 12:19 PM
UPDATE: Some of the top earners at Merrill Lynch who were given $209 million in 2008 were subpoenaed by New York State Attorney General Andrew Cuomo, a source close to the investigation tells the Huffington Post.
The subpoenas were served on the seven executives, including Andrea Orcel, the firm's top investment banker (who was paid $33.8 million in cash and stock in 2008), who were named in the Wall Street Journal today, according to the source.
The subpoenas compel the executives, some of whom currently work at Bank of America, to come in and discuss their bonuses, who they communicated with regarding their bonuses, when they got their bonuses and other relevant information, says the source.
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http://www.huffingtonpost.com/2009/03/04/merrill-lynch-gave-top-ea_n_171816.html