Wednesday, March 4, 2009

WHERE THE TARP MONEY WENT

Here are the six Merrill bankers subpoenaed by Andrew Cuomo.

Andrea Orcel, head of international corporate and investment banking, received $33.8m. David Gu, head of global rates and currencies, received $18.7m. David Goodman, co-head of global commodities, received $16.5m. David Sobotka, head of global proprietary trading, was paid $13m. Fares Noujaim, head of operations in the Middle East and Africa, got a bonus of $15m. And Thomas Montag, global head of sales and trading, received $39.4m.

Draw your own conclusion.

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