The Executive Who Brought Down AIG

"I'm not a lawyer but there is no evidence of wrongdoing in any of this," said Liddy.

Former colleagues of Cassano's say he has no plans to return to the U.S. to face questioning by the FBI and the hostility of the U.S. taxpayers who are now making good on his bad bets.

"I don't thing the American people, nor would I – be content until we hear the click of the handcuffs on his wrists," said Rep. Speier.

ABC News' Joseph Rhee and Peter Koenig, a contributor to the London Sunday Telegraph, contributed to this report.

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