A Day in the Life: Hank Greenberg (click here)
He says the reason AIG failed is because of Eliot Spitzer and the aftermath of Enron that sent CEO's running for cover.
He says the reason AIG failed is because of Eliot Spitzer and the aftermath of Enron that sent CEO's running for cover.
Ya think?
He has lawsuits to try to bring the Old Wall Street back like a Pheonix.
He is trying to sell a book he said. Evidently, it is everything anyone needs to know to make millions and billions that you were afraid to ask Bernard Madoff.
Linette Lopez | Jan. 9, 2013, 1:28 PM
...Naturally, (click here) he's outraged about the whole mess, and he's directing that outrage at the insurance company's former CEO, Hank Greenberg.
He is trying to sell a book he said. Evidently, it is everything anyone needs to know to make millions and billions that you were afraid to ask Bernard Madoff.
Linette Lopez | Jan. 9, 2013, 1:28 PM
...Naturally, (click here) he's outraged about the whole mess, and he's directing that outrage at the insurance company's former CEO, Hank Greenberg.
It makes sense. Greenberg is the man who filed the initial suit on behalf of AIG shareholders alleging that the U.S. government handled the company's bailout in a manner that was contrary to their interests. That argument was dismissed in a NYC Court, but the case was allowed to proceed in Washington D.C....
Let me get this right, now. The shareholders of AIG were upset in how the government has handled the company after AIG crashed to global economy.
Right.
He said AIG has lots and lots of assets, it just didn't have liquidity. That the government handled the situation wrong. I suppose The Fed was suppose print more liquidity and hand it out like candy. Oh, wait. I thought it did that already.
Liquidity, huh? It can be arranged with the assets it holds then, right?
No one in their right mind would seek to defend Enron. No one. The entire discourse of this man reeks of desperation.
There is that Culture of the Corrupt that gives carte blanc to the powerfully wealthy to conduct their business as they see fit so that Republicans can state they have an economic strategy.
No one in their right mind would seek to defend Enron. No one. The entire discourse of this man reeks of desperation.
There is that Culture of the Corrupt that gives carte blanc to the powerfully wealthy to conduct their business as they see fit so that Republicans can state they have an economic strategy.
