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David is an occasional blogger, software engineer, Nintendo fanboy, liberal, news magazine addict, voracious TiVo user, and bibliophile. He was born in St. Louis, grew up in southern Indiana, and returned to St. Louis to attend Washington University. He hasn't managed to escape yet. He's a fan of free wine tastings, too many tv shows to name, and eating out. David makes his living developing web applications used internally by his employer. He doesn't blog about work because he's heard too many stories about that causing workplace troubles. There's more on the about page. |
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Is Cuomo Just Grandstanding?
I'm as unhappy with everyone else about the AIG bonus payments, but I also believe in the rule of law, so we can't just get rid of contracts that are unpopular. That said, I'm a little unsure why Why does the NY attorney general have standing to subpoena a company regarding pay practices in another country? Seems like grandstanding to me.
Also, I'm not a big fan of Cuomo's tactics here. He basically set a deadline for AIG to provide him with information. If they didn't meet his arbitrary deadline, he was going to try to subpoena the information. It seems to me that the proper policy when you are asking a company for confidential compensation information is to just go ahead and get the subpoena. I certainly don't want the company I work for to release my salary to an attention seeking politician just because that politician called a press conference and demanded it.
Posted by on 16 March 2009 at 6:20 PM
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