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Joseph Cassano: April 2010

Bertha Lewis

Muckraker Favorites Star On Time's Least Influential List


Clockwise from top-left: Former lobbyist Jack Abramoff, South Carolina Gov. Mark Sanford, Sen. John Ensign (R-NV), and former AIG Financial Products chief Joseph Cassano

Much more entertaining than Time's 100 Most Influential People list is its 100 Least Influential -- juvenilely titled the "Bum Hundred."

And that's only partly because it contains a handful of TPMmuckraker favorites. For instance:

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Topics: ACORN, Bernard Madoff, Bertha Lewis, David Paterson, Eric Massa, Jack Abramoff, Jim Gibbons, John Ensign, Joseph Cassano, Mark Sanford, Michael Steele, Rod Blagojevich, Roland Burris, Tom DeLay

Joseph Cassano

Report: AIG Probe Likely Wrapping Up Without Criminal Charges


Former AIG Financial Products chief Joseph Cassano

The federal probe into the circumstances that triggered the near-collapse of AIG in 2008 has "hit a brick wall," unnamed sources have told CBS News.

Joseph Cassano, the AIG exec at the center of the probe, will sit down next week with DOJ lawyers, in what will likely bring an end to the investigation. Cassano is former head of AIG Financial Products, the unit of the company responsible for the disastrous credit-default swaps that led to the firm being bailed out to the tune of $180 billion.

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Topics: AIG, Bailout, Financial Crisis, Joseph Cassano, Justice Department, Wall Street

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