Posted On: March 18, 2009
The AIG Whistleblowers Begin to Speak About Its Credit Default Swaps?
The facts about how the AIG Financial Products unit took down AIG begin to emerge more clearly, as AIG whistleblowers begin to speak.
Former AIG auditor Joseph St. Denis described his concerns about AIG's Financial Products unit--and how AIGFP's Joseph Cassano refused to let him investigate:
"Mr. Cassano shouted at me for several minutes, and then said, as previously noted: 'I have deliberately excluded you from the valuation of the Super Seniors because I was concerned that you would pollute the process."
More to come about whistleblowers at AIG, many of whom will be able to use the False Claims Act and IRS Whistleblower Program.
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