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Ex-CEO Greenberg Urges AIG to Renegotiate $85B Loan or Perish

National News • October 14, 2008
Its former chief executive officer, Maurice "Hank" Greenberg, says American International Group (AIG) should renegotiate the terms of the $85 billion loan it has from the federal government or it ...

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Subject: RE: RE: RE: He's he biggest stockholder!

Posted On: October 14, 2008, 7:29 pm CDT
Posted By: Peon Agent
Comment:
Um ...just a side of Puuuuhleeeease, please. No choice? They had a choice everytime they stacked up a little more of their bogus investments, goofy credit swaps (that were actually insurance, but if they called it insurance, they would have needed reserves), and everytime they voted on huge bonuses for the excellent work from the top.

Um, thier CEO's and Directors had choices for years, and they made the wrong choices.

Yes, the shareholders were screwed, but they chose the leadership. That leadership took the note. Too bad, so sad.

When they signed, they knew it was for liquidation. Well, get it on. Liquidate. As another poster pointed out, the jobs and the services will still be available, just moved down the road a little.

Unfortunately, rational decisions will not likely win out. The governement will do the "FAIR" thing, and the taxpayer will be just as srewed as the average shareholder.
Subject Posted By Posted On
RE: RE: a shonda ...-well..maybe.. ? GT
Oct 20, 2008, 6:56 pm
RE: a shonda ...-well..maybe.. ? uriah heep
Oct 15, 2008, 9:36 am
sickofit
Oct 15, 2008, 8:39 am
sickofit
Oct 15, 2008, 8:12 am
RE: RE: He's he biggest stockholder! Stat Guy
Oct 15, 2008, 8:01 am
Sometimes it is wiser to listen to those with experience! Marcia Miller
Oct 15, 2008, 7:58 am
RE: Hank DR
Oct 15, 2008, 7:18 am
Hank Tired of Hank and his Kind
Oct 15, 2008, 5:28 am
Poor Management NitroG
Oct 14, 2008, 10:08 pm
RE: Ok, let me get this straight..... steve duggan
Oct 14, 2008, 8:17 pm
RE: He's he biggest stockholder! DN
Oct 14, 2008, 8:16 pm
RE: RE: RE: He's he biggest stockholder! Peon Agent
Oct 14, 2008, 7:29 pm
RE: RE: He's he biggest stockholder! stckbyr
Oct 14, 2008, 7:16 pm
RE: RE: RE: He's he biggest stockholder! Peon Agent
Oct 14, 2008, 7:14 pm
RE: RE: He's he biggest stockholder! Peon Agent
Oct 14, 2008, 6:52 pm
a shonda ...-well..maybe.. ? SCHMUEL
Oct 14, 2008, 5:18 pm
RE: RE: He's he biggest stockholder! PD
Oct 14, 2008, 4:10 pm
RE: He's he biggest stockholder! ACA
Oct 14, 2008, 4:01 pm
Ok, let me get this straight..... Kay
Oct 14, 2008, 2:42 pm
Been Had by Hank Jay
Oct 14, 2008, 1:16 pm
Ok, Perish Bruce
Oct 14, 2008, 1:08 pm
RE: RE: He's he biggest stockholder! Baxtor
Oct 14, 2008, 1:03 pm
RE: Stop Paying the Execs so much! Mario
Oct 14, 2008, 1:00 pm
Hankl's lament DJ
Oct 14, 2008, 12:58 pm
RE: Forget it Mitch
Oct 14, 2008, 12:55 pm
Stop Paying the Execs so much! Elaine
Oct 14, 2008, 12:54 pm
Let's Party Part T Tyme
Oct 14, 2008, 12:45 pm
RE: He's he biggest stockholder! matt
Oct 14, 2008, 11:43 am
He's he biggest stockholder! Donna
Oct 14, 2008, 10:50 am
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