Tag Archive | "Maurice Greenberg"

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Ex-CEO Hank Greenberg hits home run against AIG and Spitzer

Ex-CEO Hank Greenberg hits home run against AIG and Spitzer

Once again, the team of politicians and corporate bureaucrats pursuing the witchhunt against former American International Group CEO Maurice “Hank” Greenberg have struck out. Or maybe the better baseball analogy would be that they hit another ball into foul territory.

Greenberg, who built AIG into a financial services powerhouse during the 35-plus years he served as its head, won another legal round today as a federal jury in New York City ruled that he did not have to reimburse AIG for shares taken by an investment firm…

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Posted in Bailout Watch, Features, Insurance, Legal, Personal Liberty, Politics as Usual, Sanctimony, ZeitgeistComments (3)

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AIG CEO Liddy owns millions in stock in bailout beneficiary Goldman — Tim Carney blockbuster in DC Examiner

AIG CEO Liddy owns millions in stock in bailout beneficiary Goldman — Tim Carney blockbuster in DC Examiner

Everyone should read the blockbuster exclusive in today’s Washington Examiner in which Timothy P. Carney confirms that American International Group CEO Edward Liddy — appointed to his position at the behest of Hank Paulson and Tim Geithner after the government takeover of AIG in September — still owns more than $3 million in stock in Goldman Sachs, one of the biggest beneficiaries of the AIG bailout.

I am privileged to be quoted in this article that both breaks news and puts it…

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Posted in Bailout Watch, Features, Odds & Ends, Politics as UsualComments (0)

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