CREDIT DEFAULT JACKASS

Former AIG CDJ (Credit Default Jackass) Joey (the Donkey) Cassano appeared before the Financial Crisis Inquiry Until Next Christmas Commission to clarify a number of important points:

1. AIG's CDS portfolio was doing swelly fine until the bailout screwed everything up. Heehaw!!!

2. If you think Barn and Dodd have any idea how to prevent future jackasses like Cassano from recreating a new and improved financial doomsday machine, think again. This financial donkey not only says he did nothing wrong, he further claims he made no mistakes. Heehaw!!!!

3. Crime pays. Heehawwwwwwww!!!!!!!!!!