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Joseph Cassano

NYC EMTs Posted Graphic Photos Of Patients To Facebook

Posted 04.01.2013 | New York

The NYPD may be warning officers to keep their social media accounts clean, but it appears the city's EMT workers are the ones in need of some strict...

TWEETS: Supporters Of Racist EMT Threaten Post Reporter

Posted 03.29.2013 | New York

After New York Post reporter Candice Giove confronted New York City EMT Timothy Dluhos about his secret, racist "Bad Lieutenant" Twitter account, the ...

FDNY Commissioner Son Apologizes For Offensive Tweets

AP | Posted 05.18.2013 | New York

NEW YORK -- The son of New York City's fire commissioner has resigned after apologizing for posting offensive messages on Twitter. Joseph Cassano wor...

Shahien Nasiripour

Goldman Sachs 'Most Aggressive' In Demanding Cash From AIG | Shahien Nasiripour | Posted 05.25.2011 | Business

Goldman Sachs was the "most aggressive" financial firm to demand cash from AIG on what it viewed as souring deals during the financial crisis, the hea...

Shahien Nasiripour

Joseph Cassano, Ex-AIG Exec Says He Was Truthful About Losses | Shahien Nasiripour | Posted 05.25.2011 | Business

The former head of the AIG derivatives unit accused of exacerbating the global financial crisis blamed the firm's auditors -- rather than his unit -- ...

Capitalism's Achilles Heel: The Cassano Loophole

Cenk Uygur | Posted 05.25.2011 | Business
Cenk Uygur

Jospeh Cassano was the head of AIG's Financial Products Unit. They are the ones that made about a trillion dollars worth of bets in credit default swaps. They lost. Except because of the Cassano loophole, they won.

Cassano, AIG Exec, Likely WON'T Face Criminal Charges

CBS News | Armen Keteyian | Posted 05.25.2011 | Business

Sources tell CBS News that the criminal case against Cassano - once called "the Man who Crashed the World" - has "hit a brick wall" - meaning that it ...

AIG Executives Won't Face Criminal Charges, Lawyers Say

AP | TOM KRISHER | Posted 05.25.2011 | Business

The Justice Department has decided not to file criminal charges against the former head of a division at American International Group Inc. whose deali...

AIG Derivatives Head Cassano ‘Boys Club’ Under Cassano Punished Women, Ex-Workers Claim | Joshua Gallu and Hugh Son | Posted 05.25.2011 | Business

Feb. 24 (Bloomberg) -- American International Group Inc.'s derivatives unit, which brought the firm to the brink of failure with bets on mortgages, wa...

AIG Internal Emails: Insurers Correspondence Details Confusion During Crisis | Brady Dennis | Posted 05.25.2011 | Business

The Cassano-Habayeb correspondence, along with thousands of other e-mails obtained by The Washington Post, as well as supporting interviews, reveal a ...

AIG's Joseph Cassano In Westport, CT: BACK On U.S. Soil

Posted 05.25.2011 | Business

The former AIG exec dubbed "The Man Who Crashed The World" by Vanity Fair is back in the U.S. Reuters broke the news that Joseph Cassano, the form...

Financial Crisis Financiers: Where Are They Now? (PHOTOS)

Posted 05.25.2011 | Business

UPDATE: AIG's Joseph Cassano is BACK in U.S. soil. Check out info on his "surprisingly modest" home here. Absence makes the heart grow fonder. Well...

Joseph Cassano, AIG's Mastermind, Could Face Grand Jury | AMIR EFRATI and SUSAN PULLIAM | Posted 05.25.2011 | Business

Federal prosecutors, capping an 18-month investigation, are preparing to impanel a grand jury in Brooklyn, N.Y., to consider an indictment of a former...

The 10 Worst Calls Of The Financial Crisis (PHOTOS)

Posted 05.25.2011 | Business

Oh, how wrong they were. If there's one overarching truth of the financial crisis, it's that the world's most powerful business leaders, investors and...

More Pigs at the Trough: What Enron and WorldCom Can Teach Us About Goldman and AIG

Arianna Huffington | Posted 05.25.2011 | Business
Arianna Huffington

In 2003, when I wrote Pigs at the Trough, America's corporate crooks were largely playing with shareholders' money. The new batch of Pigs I cover in the just-released updated version is playing with taxpayer money -- trillions of it.

Michael Lewis On The Man Who Brought Down AIG | Michael Lewis | Posted 05.25.2011 | Business

Almost a year after A.I.G.'s collapse, despite a tidal wave of outrage, there still has been no clear explanation of what toppled the insurance giant....

AIG Criminal Probe: Feds Investigate Three Former Execs

CBS News | Posted 05.25.2011 | Business

(CBS) A $5 million Connecticut mansion. A $4 million London townhouse. A $7 million English estate. The houses are owned by three men CBS News has le...

America Does Not Trust Geithner, Summers to Regulate Wall Street

Jane Hamsher | Posted 05.25.2011 | Politics
Jane Hamsher

American taxpayers now own 80% of AIG. They'll be paying back the government, and paying off the bonuses, with our money. There is no reason to be tiptoeing around these people.

AIG London Office Lost Up To Half A Trillion Dollars

ABC News | JAY SHAYLOR, LAUREN PEARLE and TINA BABAROVIC | Posted 05.25.2011 | Business

Ground zero for AIG's spectacular implosion, which has soaked up more federal bailout money than any other entity, appears to have been a small London...