Lieutenant Island Views : Commentary About Finance, Politics and Baseball

Did Andrew Cuomo Read Our AIG Compensation Post? | March 24, 2009


From the attached article, one can see that Attorney General Andrew Cuomo is using a little gentle persuasion along the line of thinking we suggested earlier this week. Let’s hope he is not afraid to push harder and work with the leaders of the New York congressional delegation to develop a Black List that makes it tough for those who do not pay back to find gainful employment with any firm that does business with TARP recipients. Punish the guilty, not the innocent who must stay at their jobs to clean up the mess!

http://dealbook.blogs.nytimes.com/2009/03/24/aig-memo-points-to-pressure-from-cuomo/?ref=business

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Mr Thaler is currently the Managing Partner of Lieutenant Island Partners, an organization providing corporate finance advice and general consulting to corporations and not-for-profit organizations. Mr Thaler retired as Vice Chairman of Deutsche Bank Securities in early 2008. His background includes experience as an investment banker, senior manager, business builder, college professor, not for profit board chair and trustee. In his thirty plus years as an investment banker for Deutsche Bank and Lehman Brothers, he has been involved in numerous significant debt and equity financings, mergers & acquisitions, leverage buyouts, restructurings and cross border transactions. Of particular note, Mr Thaler has been one of the most active participants and strategic advisors to the homebuilding industry. In a period of significant turmoil and losses, he was one of the few active bankers to the industry who did not have either a loss or credit write down. He is currently advising several public builders on strategic matters and is an adjunct professor of finance at Morehouse College in Atlanta, Georgia. Though he lives in New York, he is a life long Red Sox fan! www.LieutenantIslandPartners.com

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