Friday, September 11, 2009


I imagine plenty of people knew the truth about Big Shitpile, or at least the truth about some of its stinkier tranches, but that doesn't mean that no one should be held accountable.

NEW YORK, Sept 11 (Reuters) - U.S. investigators are probing the former head of American International Group Inc's (AIG.N) Financial Products unit, Joseph Cassano, and other executives for securities fraud, a law enforcement source familiar with the case said on Friday.