Joseph Cassano, ex-chief of AIG's (AIG) Financial Products division, tells a congressional panel...

|By:, SA News Editor

Joseph Cassano, ex-chief of AIG's (AIG) Financial Products division, tells a congressional panel he truly believed what he told analysts and investors in a 2007 earnings call - that the insurer would not lose even a dollar on a portfolio of securities that included subprime mortgages. Goldman's (GS) Gary Cohn will testify later today.