News on Andrew Cuomo

Cuomo seeks probe of public retiree payments

2010-03-18T12:17:14Z

<div><p>NEW YORK (Reuters) - New York authorities, agencies, and local governments that pay public workers some of the highest salaries and benefits in the state must explain how they are calculated, the attorney general said on Thursday in a new bid to root out abuses.</p><p>Pension payments to retirees in two funds that are funded by the state's $129 billion...

Analysis: NY politics goes from drama to tragedy

2010-03-13T12:00:06Z

<div id="subtitle">Analysis: NY politics goes from drama to tragedy; voters are fed up with officials' wrongdoing</div><div><p>New York politics, which has consumed more than a dozen elected officials or top staffers in the past two years, has become a kind of bizarre "Survivor" show. And although careers have been ruined and some face prison sentences, none of them lost their jobs by actually being voted off this island.</p><p>Yet.</p><p>That's th...

Lehman report may point way for criminal charges

2010-03-12T16:00:47Z

<div><p>WASHINGTON (Reuters) - An explosive report by a court-appointed examiner on the collapse of Lehman Brothers may prove to be a roadmap for prosecutors to bring criminal cases against the investment bank's former executives, legal experts say.</p><p>The 2,200-page report could lay the groundwork for felony charges under securities...

After drop in poll, AG recuses himself in NY probe

2010-03-12T00:30:30Z

<div id="subtitle">After drop in approval ratings, NY attorney general recuses himself in probe of Gov. Paterson</div><div><p>In recusing himself after two weeks of investigating Gov. David Paterson, Attorney General Andrew Cuomo said there was no "technical conflict" but described the probe thus far as preliminary and bowed to pressure that included sinking...

NY Governor

2010-03-11T15:17:58Z

In this June 11, 2008 photo, New York Attorney General Andrew Cuomo speaks at a news conference in Albany, N.Y. Cuomo said Thursday, March 11, 2010 that he has recused himself and appointed an independent counsel to probe whether Gov. David Paterson illegally took World Series tickets or...

NY AG Cuomo removes himself from governor probe

2010-03-11T14:16:00Z

<div><p>NEW YORK (Reuters) - New York Attorney General Andrew Cuomo on Thursday said he "removed himself" from two ethics probes of state Governor David Paterson.</p><p>Cuomo, who is expected to run for governor, named Judith Kaye, the stat...

NY Governor Cuomo

2010-03-11T13:35:50Z

FILE - In this file photo taken Feb. 14, 2010, New York Gov. David Paterson, left, talks with New York Attorney General Andrew Cuomo at a meeting of the New York State Association of Black and Puerto Rican Legislators in Reuters) - New York Attorney General Andrew Cuomo on Thursday said he chose a former top state judge to oversee probes into whether Governor David Paterson wrongly accepted World Series baseball tickets or the state police had tried to quash a domestic violence charge against an aide to ...

NY AG to make police-gov probe announcement

2010-03-11T12:30:44Z

<div><p>NEW YORK (Reuters) - New York Attorney General Andrew Cuomo on Thursday said he would make an announcement at 3:45 p.m. EST on his investigation of the state police and the governor's office.</p><p>Governor David Paterson asked the Democratic attorney general to investigate whether he ...

Paterson probe puts Cuomo in a delicate position

2010-03-05T14:01:51Z

<div id="subtitle">Cuomo in a delicate spot as he investigates Paterson while considered favorite to replace him</div><div><p>The investigation that could bring down New York Gov. David Paterson is being led by the man widely considered the favorite to replace him.</p><p>New York Attorney General Andrew Cuomo is in a delicate position: He must ru...

Toyota recall pact with NY sought by other states

2010-02-24T16:00:39Z

<div><p>NEW YORK (Reuters) - Toyota Motor Sales USA Inc agreed on Wednesday to take steps to help inconvenienced owners of more than 500,000 recalled vehicles in New York state, prompting other states to seek similar deals.</p><p>Under a program announced by state Attorney General Andrew Cuomo, the

Toyota to cover costs related to safety problems

2010-02-24T12:47:15Z

<div id="subtitle">Toyota agrees to cover consumer costs to help car, truck owners get recall repairs</div><div><p>Toyota Motor Corp. said Wednesday it will offer free at-home pickup of vehicles covered by the national safety recall, pay for customers' out-of-pocket transportation costs and provide drivers free rental cars during repairs.</p><p>The deal — costs to the company weren...

Toyota Recall Cuomo

2010-02-24T11:18:28Z

FILE - In this Dec. 11, 2008 file photo, New York Attorney General Andrew Cuomo speaks in Albany, N.Y. Cuomo announced Wednesday, Feb. 24, 2010, that Toyota and Lexus dealers will offer services s...

Cuomo, Oppenheimer settle over auction-rate debt

2010-02-23T16:30:33Z

<div><p>NEW YORK (Reuters) - New York Attorney General Andrew Cuomo on Tuesday said Oppenheimer & Co will restore $31 million to the accounts of customers who were stuck owning auction-rate securities that became illiquid.</p><p>The unit of Toronto-based Reuters) - New York Governor David Paterson trails badly behind state Attorney General Andrew Cuomo, his likely challenger for the Democratic gubernatorial nomination, a poll showed on Monday.</p><p>Paterson, whose campaign kicked off over the weekend, lags 42 points behind C...

Paterson's gov bid begins in Long Island hometown

2010-02-22T08:15:14Z

&lt;div id="subtitle"&gt;David Paterson returning to his hometown on Long Island to announce bid for governor&lt;/div&gt;&lt;div&gt;&lt;p&gt;Weeks after becoming the state's first black governor, David Paterson made a triumphant return to his childhood alma mater, Hempstead

NY Democrats seek to avoid Massachusetts debacle

2010-02-22T08:27:13Z

<div><p>NEW YORK (Reuters) - In a year in which Republicans look likely to make sweeping gains in congressional and governors' elections, New York Democrats are more concerned with fighting each other.</p><p>The national party has already suffered a stunning loss of the late Reuters) - A former top UBS AG &lt;UBSN.VX&gt; &lt;UBS.N.&gt; fixed-income executive has agreed to pay $2.75 million to settle a probe by New York Attorney General Andrew Cuomo into insider trading of auction-rate securities.</p><p&...

BofA counsel not fired for advice: SEC

2010-02-22T08:58:25Z

<div id="subtitle">BofA fired top lawyer just to make room for another, SEC says; view at odds with Cuomo</div><div><p>Bank of America fired its top lawyer in December 2008 before its fateful takeover of Merrill Lynch simply to make way for another executive, and not beca...

Cuomo: NY researcher used actors to fake testimony

2010-02-22T09:11:03Z

<div id="subtitle">Officials: NY researcher hired actors, duped them into false testimony during misconduct probe</div><div><p>A former University at Buffalo addictions researcher hired professional actors to testify on his behalf during an investigation into whether he fabricated data in federally funded studies, state prosecutors ...