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5. Joe Cassano and AIG’s Derivatives Casino

Mary Kreiner Ramirez and Steven A. Ramirez

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The Case for the Corporate Death Penalty

This chapter is in the book The Case for the Corporate Death Penalty

© 2020 New York University Press, New York, USA

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© 2020 New York University Press, New York, USA

You are currently not able to access this content.

Chapters in this book

Frontmatter i
Contents vii
Acknowledgments ix
Preface xi
Introduction 1
1. A Short History of White- Collar Criminal Prosecutions 29
2. Angelo Mozilo and Countrywide’s “Toxic” Subprime Mortgages 59
3. Wall Street’s Fraudulent Sales of Toxic Mortgages 86
4. Lehman’s Phantom Cash 109
5. Joe Cassano and AIG’s Derivatives Casino 133
6. Goldman’s Abacus 155
7. The Dimensions of Lawlessness 178
Conclusion 203
Bibliography 229
Index 247
About the Authors 257

https://doi.org/10.18574/nyu/9781479878529.003.0010

Chapters in this book

Frontmatter i
Contents vii
Acknowledgments ix
Preface xi
Introduction 1
1. A Short History of White- Collar Criminal Prosecutions 29
2. Angelo Mozilo and Countrywide’s “Toxic” Subprime Mortgages 59
3. Wall Street’s Fraudulent Sales of Toxic Mortgages 86
4. Lehman’s Phantom Cash 109
5. Joe Cassano and AIG’s Derivatives Casino 133
6. Goldman’s Abacus 155
7. The Dimensions of Lawlessness 178
Conclusion 203
Bibliography 229
Index 247
About the Authors 257

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