Investor Lawsuit: Cassano Hid AIG Losses | Talking Points Memo

More from the Joseph Cassano files, which are proving to be very interesting indeed.

According to an SEC filing made this month by AIG, a company shareholder in January filed a lawsuit charging Cassano with concealing his financial product unit’s massive losses. Cassano stepped down as the head of the unit — which made the credit default swaps that drove AIG into the ground — last year.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=144816