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: Mortgage Lender Implode-o-Meter

AIG figure says not knowing would have helped

By Implode-Explode Heavy Industries

"Joseph Cassano, who collected more than $300 million in a 20-year career running the giant insurer's Financial Products group before he agreed to retire amid the massive write-offs of early 2008, told his side of the story Wednesday to the federal Financial Crisis Inquiry Commission."

Full post as published by Mortgage Lender Implode-o-Meter on July 02, 2010 (boomark / email).