While being interrogated by the Securities and Exchange Commission in 2009, a former executive at the global insurance company American International Group Inc. refused to answer the agency’s questions, and pleaded the fifth over 200 times, transcripts obtained by The Wall Street Journal show.
The SEC released 12 transcripts to The Wall Street Journal revealing Joseph Cassano’s use of his right to avoid self-incrimination after the news organization sent over a public records request to the agency. At first, the SEC sent over three transcripts with substantial redactions. It was only when The Wall Street Journal appealed that the agency sent over copies from which most of the redactions were removed, the newspaper said.
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