Andrew Cuomo

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Paterson Interviews Cuomo; Kennedy Not Out
Paterson Interviews Cuomo; Kennedy Not Out
UPDATED

Paterson Interviews Cuomo; Kennedy Not Out

And she didn't 'eliminate herself,' says Paterson, who avoids naming frontrunner

(Newser) - New York AG Andrew Cuomo, who couldn't be less interested in Hillary Clinton's Senate seat, nonetheless met with Gov. David Paterson about it last month, reports the New York Daily News. A Cuomo rep refused to comment, other than to call the information "factually inaccurate," and Paterson's...

Insiders: Cuomo Aide Putting Brakes on Kennedy Bid

NY's AG eying Clinton's Senate seat himself

(Newser) - An aide to New York Attorney General Andrew Cuomo has been urging labor chiefs and upstate officials not to support Caroline Kennedy's Senate bid, insiders tell the New York Times. The aide—known as Cuomo's enforcer—is said to have questioned Kennedy's credentials and dropped broad hints that Cuomo himself...

Bloomberg to NY Guv: Stop Stalling and Name Senator

Kennedy ally slams scrutiny, says process 'out of control'

(Newser) - New York Mayor Michael Bloomberg is pushing Gov. David Paterson to speed up his Senate appointment, the Daily News reports. “The governor should make a decision reasonably quickly because this is just getting out of control,” said the ally of Caroline Kennedy. “Everybody’s focusing on the...

Cuomo Leads Kennedy in NY Poll
Cuomo Leads Kennedy in NY Poll

Cuomo Leads Kennedy in NY Poll

Voters prefer AG by 3 points but predict Paterson won't pick him

(Newser) - New Yorkers would prefer that David Paterson pick Andrew Cuomo over Caroline Kennedy to fill Hillary Clinton’s Senate seat, a new poll shows. Cuomo leads Kennedy 26% to 23% in a Siena College survey of New York voters, the Rochester Democrat and Chronicle reports. Despite the state AG’s...

Sources: Paterson Not So Keen on Caroline

Governor thinks NY needs a more assertive voice in the Senate

(Newser) - David Paterson likes and respects Caroline Kennedy, but the New York governor isn't so sure she's cut out to be Hillary Clinton's replacement. Giving Kennedy 20-1 odds, an anonymous insider tells Fredric U. Dicker of the New York Post that Paterson wants his state to have a louder voice in...

Hillary's Seat Ignites Cuomo, Kennedy Rivalry

Messy war looms over Senate vacancy between powerhouse families

(Newser) - The jockeying for the New York Senate seat vacated by Secretary of State-designate Hillary Clinton is aggravating long-simmering tensions between Democratic powerhouse families the Kennedys and the Cuomos, reports the New York Daily News. Ted Kennedy is already lobbying for niece Caroline to step into the vacancy. But New York...

Meet the NY Dems Who Want Clinton's Seat

Cuomo brings fundraising advantage, but should Paterson pick a woman?

(Newser) - Hillary Clinton’s secretary of state nomination has left New York Democrats jockeying for her New York senate seat—and gives Gov. David Paterson a little personal political leverage. Though he hasn’t indicated whom he will appoint, the Washington Post lists some key factors and candidates:
  • There is pressure
...

Will Bill Replace Hill in Senate?

New York governor to choose new senator

(Newser) - Bill Clinton is one of the possible choices to replace Hillary Clinton in the Senate when she becomes secretary of state, CNN reports. Other top contenders include New York Attorney General Andrew Cuomo, Robert Kennedy Jr, or Caroline Kennedy. New York Gov. David Paterson, who will appoint Clinton’s replacement,...

NY Probes AIG's Golden Parachutes, Spending

Attorney general charges insurer with 'unwarranted and outrageous expenditures'

(Newser) - New York's attorney general today called on AIG's directors to recover millions in “outrageous expenditures,” including golden parachutes to executives even as it neared the collapse that brought an $85 billion federal intervention, the Wall Street Journal reports. Andrew Cuomo is investigating whether the insurer broke state law...

Candidates Talk Leadership, Race, on 60 Minutes

Mac goes bipartisan, Obama talks leadership, plays down race

(Newser) - John McCain tried to strike a bipartisan tone during his 60 Minutes interview last night, and Barack Obama played down the race issue while highlighting his leadership experience. Both presidential candidates sat for prime-time interviews on the show, during which McCain floated the name of prominent Democrat Andrew Cuomo to...

Short-Sellers, False Rumors Under Scrutiny
Short-Sellers, False Rumors Under Scrutiny
updated

Short-Sellers, False Rumors Under Scrutiny

(Newser) - They may not be the most glamorous of villains, but so-called short-sellers are coming under growing scrutiny for their role in the market chaos, Bloomberg reports. New York Attorney General Andrew Cuomo said today he's investigating whether short-sellers spread false rumors about firms such as AIG and Lehman Brothers so...

Energy Firm to Tell Investors of Risks From Global Warming

Xcel agrees to first pact of its kind with NY AG

(Newser) - A major builder of coal-fired power plants has agreed to fully inform investors of the risks global warming poses to its business in a landmark deal with New York's attorney general. Green groups hope the agreement by Xcel Energy will spur other firms to follow suit, reports the New York ...

3 More Wall Street Firms Agree to Buy Back Securities

Settlement reached after auction-rate securities market collapse

(Newser) - Merrill Lynch, Goldman Sachs and Deutsche Bank have agreed to a settlement with New York's attorney general and other state regulators to buy back $14.5 billion of now worthless auction-rate securities. The brokerages will also pay $162 million in fines to settle charges that they misled investors into thinking...

Cuomo Raises Pressure on Merrill
Cuomo Raises Pressure
on Merrill

Cuomo Raises Pressure on Merrill

He says company faces lawsuit over auction-rate securities

(Newser) - With Wachovia locked in to buying back $9 billion in auction-rate securities from clients, New York Attorney General Andrew Cuomo has his sights set next on finance titans Merrill Lynch and Goldman Sachs, Bloomberg reports. Cuomo says Merrill faces an "imminent" lawsuit after offering to buy back $10 billion...

Morgan Stanley, JPMorgan on Auction-Rate Probe Hot Seat

List of banks buying back bonds gets longer

(Newser) - As New York AG Andrew Cuomo's office continues applying heat, banks are scrambling to react to the auction-rate securities crisis, the Wall Street Journal reports. Morgan Stanley said yesterday it will buy back about $4.5 billion of the illiquid securities—but a Cuomo spokesman called the move “too...

Citigroup Will Buy Back $7B of Bad Debt, Pay $100M Fine

Deal with SEC, NY state seen as 'face-saving,' could mean more ahead

(Newser) - Citigroup has agreed to buy back $7 billion in risky debt it marketed to consumers as safe and equivalent to cash, Reuters reports. Today’s deal, struck with New York's attorney general and the SEC, also requires the bank to pay fines totaling $100 million, and reimburse customers who took...

Top ISPs Agree to Block Child Porn Sites

New York's AG Cuomo strong-arms Time Warner, Verizon, Sprint

(Newser) - Three top Internet providers have agreed to block known child pornography hot spots, thanks to some strong-arm tactics from New York AG Andrew Cuomo, the New York Times reports. After an 8-month investigation, Cuomo threatened to come down on Time Warner, Verizon, and Sprint for fraud and deceptive business practices....

Spitzer Slammed for Smearing Political Rival

He may have lied about Troopergate, Albany DA says

(Newser) - Eliot Spitzer was more involved a smear campaign against political rival Joe Bruno than he cared to admit, according to a report today. Spitzer's answers to investigators were possibly "not truthful," Albany District Attorney P. David Soares said—but Soares is not seeking prosecution, in part due to...

Criminal Charge No Certainty for Spitzer

Resignation could soften prosecutors' stance on NY governor

(Newser) - Although Eliot Spitzer’s political career is over, it remains unclear what legal fate awaits the disgraced New York governor, the Wall Street Journal reports. Spitzer’s resignation wasn’t part of any deal, the feds confirm, but makes him less of a legal target. One possibility is a deferred-prosecution...

Corporate America Revels in Spitzer's Fall

Schadenfreude strikes onetime targets of 'Sheriff of Wall Street'

(Newser) - Wall Street is reveling in the fall of Eliot Spitzer, who as AG made exposing corruption highly personal, reports the Wall Street Journal. "He actually believes he's above the law," says ex-NYSE director Ken Langone, whom Spitzer sued for paying too much to the Big Board's CEO. "...

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