We’ve been doing a little digging into Joseph Cassano, who until last year ran AIG’s financial products unit, known as AIGFP. That’s the unit, of course, whose staffers just got $165 million in bonuses despite undertaking those credit default swaps that helped bring the company down. And it was under Cassano that those deals were made.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=144819