Posted on 03/11/2009 1:03:40 AM PDT by CutePuppy
His compensation should be taken and he should be tossed in prison. He made $28,ooo,ooo in his best year
Joe Cassano, at a minimum, should be stripped of every asset he has or has passed to his family.
bookmark
WELL, DUH!!!
Of COURSE he is a DEMOCRAT!!!!!!
And a Close friend of one SENATOR CHRIS DODD!!
WHO’D A THUNK IT???!!!!!
Cassano, Joseph
WESTPORT, CT
06880 AIG Financial Products Corp/Fincial $2,500 07/24/2008 P OBAMA VICTORY FUND - Democrat
Cassano, Joseph
WESTPORT, CT
06880 AIG Financial Products Corp/Fincial $2,300 01/10/2008 P OBAMA FOR AMERICA - Democrat
CASSANO, JOSEPH
WESTPORT, CT
06880 AIG/PRESIDENT $2,000 03/16/2007 P FRIENDS OF MAX BAUCUS - Democrat
Cassano, Joseph
WESTPORT, CT
06880 AIG Financial $2,100 11/22/2006 P CHRIS DODD FOR PRESIDENT INC - Democrat
CASSANO, JOSEPH
WESTPORT, CT 06880 AIG FINANCIAL/PRESIDENT & CEO $2,100 FRIENDS OF CHRIS DODD - DEMOCRAT P 11/22/2006
CASSANO, JOSEPH
WESTPORT, CT 06880 AIG FINANCIAL PRODUCTS $718 FRIENDS OF CHRIS DODD 2004 - DEMOCRAT P 04/28/2004
CASSANO, JOSEPH
WESTPORT, CT 06880 AIG FINANCIAL PRODUCTS $1,200 FRIENDS OF CHRIS DODD 2004 - DEMOCRAT P 04/18/2004
We the people, our children, our grandchildren are being economically $ubjugated by our overlord$ and master$. We have become economic pawn$/peon$/involuntary $ervant$.
It's pretty funny how quickly some Brits, who are so quick to brag about any connection, however tenuous, to any good thing on the planet, are even quicker at distancing themselves from any part in a disaster.
What's that about failure being an orphan?
Good post - but is ABC really in the business of NEWS???
This story about Joe Cassano and the London office of the AIG was published in the Daily Telegraph months ago. (Yes, I think it was our good old friend Ambrose Evans-Pritchard who was on the ball again.)
Anyway, better late than never...
:)
... at a minimum...
No, but even a blind squirrel finds a nut and manages to keep it, now and then.
AIG trail leads to London 'casino' (Daily Telegraph 18 Oct 2008 - and, no, it wasn't A E-P)
LOL! (Hope it sees them over the cold winter.)
Yes, the story is not new, but the “interest” in Cassano, at least in The City, seems to be getting hotter. As you said, better late than never.
Not surprisingly, both publication are British. And the story, both about the principals and the instruments (CDS), deserves to be more widely known and better understood in US.
Ambrose did maintain in his blog that the crisis “originated” in UK, which most people - unfamiliar with the story - would find shocking and probably simply dismiss him as ignorant.
They usually do that, and he now goes under the name "Armageddon" Evans-Pritchard. The problem is, when it comes to the financial crisis - he has been right and he has been early!
Dear Joe, thanks for your recent contributions to our Dodd campaign. Would you please consider donating $718 to help us out?
And every CDO sold is legally rolled back to the seller if the credit for the mortgages was obtained fraudulently. Which an astonishing proportion of them were. So the America Government which backstopped AIG is legally required to repay the buyers every penny.
America, America, America all the way. But oh no, AIG sold through an office in Britain. So its a British problem?
I did the same thing with Madoff. Same sort of list, only much longer.
I didn't say it was a British problem. But you can bet if AIG were a success we'd be hearding about what a British success story it was, and how The Yanks couldn't do such a thing in the States.
I guess the point is that America rules the world, and all other countries have no accountability for the financial institutions allowed to operate on their shores, they're just robots who have no say in that, and just nod and say "We hear and obey" to the US.
I just wish they'd admit it, not just when it's conventient for their poor little egos.
Bump for your list :)
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