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Greenberg To Taxpayers: Drop Dead
Nice guy, that Hank Greenberg.
Here, Rep. Jason Chaffetz (R-UT) asks the former AIG CEO whether he'd be willing to use a separate company that Greenberg has stocks in to pay back taxpayers for AIG's bailout.
And Greenberg pretty much tells him to shove it.
Watch:
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Mr. Greenberg was forced to resign because his reckless and unlawful actions started this entire mess. His subsequent decision to sue AIG for loss of share value is among the most disturbing and hypocritical actions ever taken in American business history. Every source of the current losses was generated by his employees while he was CEO. It is almost impossible to see and understand exactly what Mr. Greenberg did with the company because he created an astonishingly complex web of international "companies" that were designed exclusively for the purpose of hiding his losses, obscuring the nature of AIG's investment portfolio, and completely hiding the risks he took with shareholder's funds. He will go down in history as the executive whose personal hubris was responsible for virtually destroying an entire national economy.
April 2, 2009 12:25 PM | Reply | Permalink
Let the dirty filthy unwashed heathen barnyard cattle goyim clean up the AIG mess. Why should I trouble my beautiful mind with this problem - even though I was the principle instrumental for causing this swill of raw sewerage - called an insurance company ?
How dare you suggest my ill begotten gains and money paid to me by AIG for engineering these fraudulent transactions be used to clean up this cesspool of swindlers and deregulated capitalist hell bent on avarice, unparalleled self-enrichments and greed.
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April 2, 2009 6:30 PM | Reply | Permalink
Next time don't hold back. Tell it like it really is.
April 3, 2009 9:54 AM | Reply | Permalink