Joseph J. Cassano

Discussion in 'Wall St. News' started by risk1, Sep 28, 2008.

  1. risk1


    “It is hard for us, without being flippant, to even see a scenario within any kind of realm of reason that would see us losing one dollar in any of those transactions.”

    — Joseph J. Cassano, a former A.I.G. executive, August 2007

    At the end of A.I.G.’s most recent quarter, the London unit’s losses reached $25 billion.
  2. Well - he was RIGHT wasn't he?

    I mean - they didn't lose just ONE dollar!:D