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HomeWhy Hasn’t Joe Cassano Been Indicted?
Posted by Larry Doyle on January 27th, 2010 3:41 PM |
Joseph Cassano, former head of AIG-FP
What is wrong with this picture?
1. The American taxpayer injects tens of billions of dollars into a failing AIG.
2. The debate runs hot as to how the Feds executed a backdoor bailout of AIG’s creditors, both Wall Street and international banks.
3. The taxpayer remains on the hook, the banks get their dough, and AIG attempts to resurrect itself.
I will tell you what is wrong with the picture. We are now going on two years and nobody has truly been held accountable. (more…)
