From a Talking Points Memo article about Joseph Cassano, the guy in charge of AIG Financial Products when they were nuking the world economy:
Michael Daly, at the NY Daily News, has put together the numbers. And as AIGFP was collapsing into hundreds of billion dollars of losses that the US taxpayer had to pick up, he managed to walk away with a cool $315 million.
[snip]
But here's an interesting little nugget I'd like to hear more about ...
Company auditor Joseph St. Denis became concerned about the Financial Products unit, but Cassano barred him from checking.
St. Denis later quoted Cassano as saying, "I have deliberately excluded you ... because I was concerned that you would pollute the process."
Kept the auditor from reviewing the books? If that's even close to true, that's a real problem.
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