The Feds are closing in on a criminal fraud case against Joseph Cassano, reports ABC News, which tracked down the former AIG Financial Products czar wearing blue spandex and a sheepish expression outside his home in London. And before you wonder why a Brooklyn College educated swaps dealer with a name like Joe Cassano lives in London again, the answer is probably “taxes” — and decimating taxes, it may not shock you to know, is fast emerging as the cornerstone of the AIG business model.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=144350