Will AIG Villain Testify?

The AIG scandal refuses to fade away: Talking Points Memo’s Muckraker reports investigators are “hot on the trail” of Joseph Cassano, the former head of the bailed-out insurance giant’s ill-starred financial products division. Cassano, in the words of TPM, “walked away with a multi-million dollar golden parachute after spearheading the credit default swaps that brought down AIG.” Now House Oversight Committee investigators are planning to interview him about his role in the AIG collapse and have already contacted his lawyer, a source tells the site. If he testifies, Cassano—who stepped down from AIG in March but signed a $1 million a month consulting contract with the firm that was canceled in September—will follow former AIG CEO Hank Greenberg, who goes before the committee April 2.