money laundering

What  started this morning at the Washington Times has become a huge local story for Chris Dodd.

Joseph Cassano, the "Patient Zero" of the global financial meltdown, supposedly demanded huge contributions from AIG employees to fund Senator Chris Dodd's campaigns.

 According an email obtained by the Times, Cassano urged executives at American International Group's Wilton-based Financial Products division to donate to Dodd in Nov., 2006, as he was poised to assume the chairmanship of the critical Senate banking committee."As he considers running for president in 2008, Senator Dodd has asked us for our support with his re-election campaign and we have offered to be supportive," stated the email quoted by the Times. 

The executives were reportedly asked to write checks for $2,100 from themselves and their spouses, and to send them to Mr. Dodd's campaign. The Times said the executives were, in turn, supposed to pass the message down the line to senior members of their management teams. 

This leads cynical old me to wonder if AIG reimbursed their executives for these large donations. Perhaps, among Mr. Cassano's other talents, he was running a successful money laundry from his Wilton, CT offices.

This all seems very reminscent of the hi jinks that sent Randy Cunningham to jail.  

Maybe Mr. Cassano might want to do some singing--and not for Simon Cowell and Paula Abdul.  Seems he's being investigated for fraud in bankrupting AIG. 

Right now Joey is hiding out at his London mansion. But I suspect the UK authorities will be happy to send us something a bit more valuable than useless DVD's....perhaps a witness in custody?

Were this to happen, the details of what Dodd offered Cassano for the nearly $200,000 in campaign funds might make for, hmm, entertaining reading.

What  started this morning at the Washington Times has become a huge local story for Chris Dodd.

Joseph Cassano, the "Patient Zero" of the global financial meltdown, supposedly demanded huge contributions from AIG employees to fund Senator Chris Dodd's campaigns.

 According an email obtained by the Times, Cassano urged executives at American International Group's Wilton-based Financial Products division to donate to Dodd in Nov., 2006, as he was poised to assume the chairmanship of the critical Senate banking committee."As he considers running for president in 2008, Senator Dodd has asked us for our support with his re-election campaign and we have offered to be supportive," stated the email quoted by the Times. 

The executives were reportedly asked to write checks for $2,100 from themselves and their spouses, and to send them to Mr. Dodd's campaign. The Times said the executives were, in turn, supposed to pass the message down the line to senior members of their management teams. 

This leads cynical old me to wonder if AIG reimbursed their executives for these large donations. Perhaps, among Mr. Cassano's other talents, he was running a successful money laundry from his Wilton, CT offices.

This all seems very reminscent of the hi jinks that sent Randy Cunningham to jail.  

Maybe Mr. Cassano might want to do some singing--and not for Simon Cowell and Paula Abdul.  Seems he's being investigated for fraud in bankrupting AIG. 

Right now Joey is hiding out at his London mansion. But I suspect the UK authorities will be happy to send us something a bit more valuable than useless DVD's....perhaps a witness in custody?

Were this to happen, the details of what Dodd offered Cassano for the nearly $200,000 in campaign funds might make for, hmm, entertaining reading.