New York Attorney General says Merrill moved up bonus payout

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New York Attorney General Andrew Cuomo said late Tuesday that Merrill Lynch & Co. moved up its bonus payments to executives.

From Market Watch

This was done to assure the bonuses were secured before the firm's more than $15 billion of fourth-quarter losses was reported, according to the New York AG.

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Tags: merrill, bonus, Cuomo, new York, attorney general