Joseph Cassano

Shahien Nasiripour

Goldman Sachs 'Most Aggressive' In Demanding Cash From AIG

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Financial Crisis, Goldman Sachs, Aig, Derivatives, Credit Default Swaps, Wall Street Bailout, AIG Bailout, Backdoor Bailout, New York Fed, Timothy Geithner, Joseph Cassano, Fcic, Financial Crisis Inquiry Commission, New Pecora Commission, Phil Angelides, Business News

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...

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Shahien Nasiripour

Joseph Cassano, Ex-AIG Exec Says He Was Truthful About Losses

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: AIG Financial Products, Goldman Sachs, Joseph Cassano, Financial Crisis Inquiry Commission, Derivatives, Aig, Financial Crisis, Credit Default Swaps, Fcic, Video, Business News

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

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Capitalism's Achilles Heel: The Cassano Loophole

Cenk Uygur | Posted 05.25.2011

Read More: AIG Financial Products, Joseph Cassano, Bankruptcy, Bailout, Aig Bonuses, Aig, Alan Greenspan, Bonuses, Capitalism, Wall Street Bonuses, Business News
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.

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

CBS News | Armen Keteyian | Posted 05.25.2011

Read More: AIG Financial Products, CBS News, Aig, Joseph Cassano, Department of Justice, Business News

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 ...

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AIG Executives Won't Face Criminal Charges, Lawyers Say

AP | TOM KRISHER | Posted 05.25.2011

Read More: AIG Charges, Aig, Joe Cassano, Joseph Cassano, Andrew Forster, Justice Department AIG, Business News

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

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AIG Derivatives Head Cassano ‘Boys Club’ Under Cassano Punished Women, Ex-Workers Claim

bloomberg.com | Joshua Gallu and Hugh Son | Posted 05.25.2011

Read More: Susan Potter, Joseph Cassano, Deonna Taylor, Wall-Street-Sexual-Harassment, Sexism, Aig, Aig-Derivatives, Wall Street Sexism, Business News

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

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AIG Internal Emails: Insurers Correspondence Details Confusion During Crisis

washingtonpost.com | Brady Dennis | Posted 05.25.2011

Read More: AIG Financial Products, Joseph Cassano, Derivatives, AIG FP, Aig, Washington Post, American International Group, Internal Emails, Elias-Habayeb, London, Wilton Connecticut, Business News

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

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

Posted 05.25.2011

Read More: AIG Financial Products, Westport, Ellen Hooker, Joseph Cassano, Connecticut, Aig, American International Group, Business News

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...

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

Posted 05.25.2011

Read More: Joseph Cassano, John Thain, Kerry Killinger, Franklin Raines, Slidepoll, Aig, Christopher Cox, Fannie Mae, Angelo Mozilo, Where Are They Now, Stan O'Neal, Sandy Weil, Merrill Lynch, Financial Crisis, Henry Paulson, Jimmy Cayne, Business News

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...

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Joseph Cassano, AIG's Mastermind, Could Face Grand Jury

wsj.com | AMIR EFRATI and SUSAN PULLIAM | Posted 05.25.2011

Read More: Joseph Cassano, AIG Grand Jury, Aig, Financial Crisis, American International Group, Credit Crunch, Justice Department, Business News

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...

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The 10 Worst Calls Of The Financial Crisis (PHOTOS)

Posted 05.25.2011

Read More: Slidepoll, Joseph Cassano, Worst Predictions of the Financial Crisis, George W. Bush, Financial Crisis, Hank Paulson, Chris Dodd, Daniel Mudd, Barney Frank, Ben Bernanke, Business News

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...

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

Arianna Huffington | Posted 05.25.2011

Read More: Aig, Ken Lay, Joseph Cassano, Pigs at the Trough, Worldcom, Tyco, Enron, Financial Crisis, John Rigas, Bernard Ebbers, Business News
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.

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Michael Lewis On The Man Who Brought Down AIG

vanityfair.com | Michael Lewis | Posted 05.25.2011

Read More: AIG Financial Products, Aig, Joseph Cassano, Vanity Fair, Hank Greenberg, AIG Bailout, Financial Crisis, Michael Lewis, Business News

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....

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AIG Criminal Probe: Feds Investigate Three Former Execs

CBS News | Posted 05.25.2011

Read More: Joseph Cassano, AIG Criminial Investigation, AIG Criminal Probe, Criminal Investigaton Into AIG, Thomas Athan, Andrew Forster, Criminal Probe of AIG, AIG Probe, Business News

(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...

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America Does Not Trust Geithner, Summers to Regulate Wall Street

Jane Hamsher | Posted 05.25.2011

Read More: Larrey Summers, Joseph-Cassano, Aig, Timothy Geithner, Credit Default Swaps, Robert Reich, Firedoglake, Politics News
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.

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AIG London Office Lost Up To Half A Trillion Dollars

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

Read More: Aig, Joseph Cassano, Aig London Office, Aig London Office Lost $500 Billion, Aig London Office Lost Half a Trillion Dollars, Business News

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...

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