AIG trail leads to London 'casino' (Daily Telegraph 18 Oct 2008 - and, no, it wasn't A E-P)
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.
“Architects of AIG collapse were in London (Daily Mail 21 September 2008)
AIG trail leads to London ‘casino’ (Daily Telegraph 18 Oct 2008 - and, no, it wasn’t A E-P)”
US MEdia couldn’t admit that Democrats were neck-deep in all of this until Obama was elected.
EVERYWHERE WE LOOK in to the financial crisis, we see DEMOCRATS, or big Democrat financiers!!!