A word with Hank
“Look at what’s happened. AIG is a shadow of what it was. People lost millions of dollars, billions of dollars, pension funds the same thing. For what? So I can pay $9 million in a payment?” – Former AIG CEO and chairman Maurice “Hank” Greenberg agreed to a $9.9 million settlement after 12 years of denying allegations that focused on AIG transactions that hid the company’s true financial condition. Bottom Line: the case of he said, he said.