Statement From Attorney General Andrew Cuomo Concerning Goldman Sachs' Decision Not To Pay Bonuses To Its Top Executives:

"Goldman Sachs has taken an important step in the right direction. American taxpayers have seen their investment portfolios plummet while simultaneously having to fund the Wall Street bailout with their tax dollars. This gesture by Goldman Sachs is appropriate and prudent and hopefully will help bring Wall Street to its senses. We strongly encourage other banks to follow Goldman Sachs' step."