Former AIG executive Joe Cassano and other former and current AIG employees will not be prosecuted for destroying the world economy, say Justice Department and Securities and Exchange Commission officials.
More:
“Prosecutors Said to Drop Probe of Ex-AIG Executive,” Karen Gullo, Business Week.
“AIG Executives Won’t Face Criminal Charges,” Amir Efrati, Wall Street Journal.
“Joe Cassano To Walk Off Scot-Free,” Wall Street Pit.
“Feds say evidence insufficient to charge AIG executives,” Greg Gordon, Kansas City Star.
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