At the epicenter of the storm is one Alexis Stenfors, a currency trader who hid more than 120 million in losses. From the New York Times, "But Mr. Gu and Mr. Montag are coming under intense scrutiny. They and five other executives were subpoenaed on Wednesday by the attorney general of New York as part of his investigation into the merger and the bonuses paid to Merrill workers. Mr. Montag was paid a bonus of $39 million, while Mr. Gu’s bonus was close to $15 million." Come on Mr. Cuomo, make them fly coach.
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