Video: Blame at AIG "Can be spread around".
Ron Shelp talks with Mark Crumpton and Julie Hyman of Bloomberg News about former AIG executive Joseph Cassano's testimony before the Financial Crisis Inquiry Commission in Washington.
Shelp comments on Cassano’s testimony in his blog No apologies from the man who crashed the world.
"When I read Joseph Cassano’s prepared testimony for the Financial Crisis Inquiry Commission, there was one phrase that really hit me: "it was the right thing to do.""
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