The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
May 24, 2010

No Federal Charges for AIG Executives
-------------------------------------



Federal prosecutors have decided not to bring charges against any
executives from AIG for their roles leading up to the company’s collapse
in 2008. The Justice Department had been considering charging Joseph
Cassano and other top AIG officers. Cassano was the chief executive of
AIG’s Financial Products unit, which made huge bets on risky mortgage
securities.



.