Ex-CEO Greenberg Protests AIG Sale of Asian Life ‘Crown Jewel’

By | January 23, 2009

  • January 23, 2009 at 12:58 pm
    David says:
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    Sounds like he has formed attachements to certain segments of AIG. Whether his arguments are rational or not, it is strictly business and he needs to know that. Hank, you have clearly made your mark on society. Now it is time to retire and move to Florida, play some golf, go fishing, play bridge. Don’t you have any grandkids to play with?
    Let these people take care of it from here…let it go brother…

  • January 23, 2009 at 12:58 pm
    US Taxpayer says:
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    Your 83 years old. Go put on your shorts, t-shirt, black socks and dress shoes and have some fun!

    Remember it was under your dance that AIG started these “Credit Swaps”. Under your dance that AIG and GenRe swapped paper to make AIG look good.

    Take what you have left park it in some annuity and go have some fun…….Life is to short.

  • January 23, 2009 at 12:58 pm
    Mario says:
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    Hank Greenburg needs to remember that he is no longer the CEO of AIG. All he is trying to do is save his stock value. Hank Greenburg is a part of the problem why taxpayers money was used to bail out AIG Insurance. We the taxpayers want to have the loan repaid, and Hank Greenburg needs quit worrying about a company that he no longer controls.

  • January 23, 2009 at 1:03 am
    Bill says:
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    The one thing that Hank forgets is that the new administration is hell bent on “change” to a socialist society. This is your new universal health insurance carrier. Capitalism is gone “dead” Banks, Insurance, Auto industry, Next, retail and oil and gas. Welcome to Russia, France. Wake up america!

  • January 23, 2009 at 1:05 am
    Be Real says:
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    Relax, genius. Stop drinking the paranoic laced, Hannity, Limbaugh, right-wing talk radio koolaid.

  • January 23, 2009 at 1:10 am
    Sam says:
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    Bill your right, I think Hank has been watching too much MSNBC, he has too much faith in a socialist regime to interfere with AIG’s sale of a life insurer in China. they are going to be too busy trying to become China.

  • January 23, 2009 at 1:21 am
    Be Real says:
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    No….he is trying to protect what little value there is left in his AIG stock. He has no faith in anything other than what he can control. You are drinking the koolaid to, I see.

  • January 23, 2009 at 1:23 am
    Bill says:
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    You obviously dont care that our banks, insurance carriers and soon to be other industries are owned by your government. This country has existed for 233 years based on a capitalist society without government owned industries, This has made america the land of innovation and opportunity for all that wanted to work hard. You should move to France where the unemployment rate is right at 20% for the last 10 years or move to Cananda where you can wait 3 years for knee replacement surgery or any other non life threatening proceedure. Be Real, you only have to look around the world to see what liberals want. A utopia world that does not exist. Conservatives see the world the way it is and fear is warranted with regards to people like you who cannot or do not want to see the cost of giving up our capitalist society to government owned companies.

  • January 23, 2009 at 1:31 am
    c franke says:
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    why is us tax dollars bailing out company where most of its employes are overseas

  • January 23, 2009 at 1:34 am
    Sam says:
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    Be Real, Did you read the article, Hank has asked Liddy to wait until the Obama administration reviews the sale! He knows he has no control of the sale. He is banking on Obama. Ha Ha!

  • January 23, 2009 at 1:39 am
    Lady In Texas says:
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    Hank, you made me laugh… LOL Funny and very true!! LIfe is short and greed is not pretty!

  • January 23, 2009 at 1:55 am
    Baxtor says:
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    The US government should just take over ownership of AIG, cancel all stock, including preferred and common, and then sell the whole thing off. This way Hank will not care anymore as his stock will be worth nothing, like it should be. Why do people even buy stock? Because of the little dividend check you get? Because of the growth of the stock, which isn’t much different than a pyramid scheme? We are all getting our jist dessert because it’s worthless paper that someone else ends up getting screwed on. Seriously though, maybe stock was worth something at one time to get money into a new business starting up, but it has grown to be overused not only by us, but also the CEO’s. Yes, the stock market will come back around, people first investing will make money, the rest of us will hope to break even by retirement and people will forget about the past until the next windfall. During my 18 years of investing in the stock market, I’m overall down. I just fell into the game.

  • January 23, 2009 at 1:58 am
    Chicago Risk Manager says:
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    I’m not a big fan of Hank’s, but he did build a powerhouse and its demise is hurting us all either through the taxes we pay or the increased premiums we are paying due to the loss of the AIG market. Now that we have finally deposed W and his band of incompetents, let’s let the new administration call some shots while there’s still something to save. AIG is in a downward spiral and all W did was suck a huge amount of taxpayers into the abiss. Will anyone miss Henry “Hank” Paulson?

  • January 23, 2009 at 2:06 am
    hank greenberg says:
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    Hi this is Hank.
    I resent all these mean comments you’re all making. I can’t retire b/c I only have a few billion dollars left. That’s chump change and I cannot be expected to live in such poverty. That being said, I will continue to meddle in the affairs of AIG, despite the fact i was previously ousted.

  • January 23, 2009 at 2:13 am
    AIG owner says:
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    Let’s face it – what is good for Hank here is good for us – the largest stockholder. We should be listening to him.

  • January 23, 2009 at 2:15 am
    Be Real says:
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    I believe what you believe. And no, I don’t want to move to France or see my bank owned by the government. Just chill out, stop the parania against a lot of stuff that has not and may never happen. Let the other administration have a crack at it for the next 4 to 8 years (this does not make me a liberal). You will have your chance to love it or hate is soon enough.

  • January 23, 2009 at 2:22 am
    Be Real says:
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    I read the article. He pays Obama lip service to Obama because he disagrees with the sale of the company. Faith in Obama is BS. He cares only about his stock value. He needs to let it go….

  • January 23, 2009 at 2:32 am
    Bill says:
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    If all Hank cared about was the value of his stock, he would have sold at $50. vs $1.25 today. He is in love with the company he built. Your right he should let it go, he should have let it go a long time ago when he left the company. In stead of hanging on to something he loved but does not exist anymore. He has proven its not just about money to him.

  • January 23, 2009 at 2:37 am
    Bill says:
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    At least Hank Paulson paid his taxes, unlike Obama’s new Treasury Secretary. Come on, I guess the housing bubble burst was W’s fault too. instead of Frank’s or Dodds love affair with Fannie and Freddie. Get a grip.

  • January 23, 2009 at 2:38 am
    Mario says:
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    Hank at least you have a few billion to retire. I lost 30% of my retirement due to this mess. I do not have a billions for retirement.
    My tax money is bailing out a mess that you help to create.

  • January 24, 2009 at 10:57 am
    Jeff says:
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    Listen Hank, you one minded-curmudgeon, go hang up your cleats and acknowledge you are responsible for these series of events. You are no longer in control and your vain efforts are despicable. Round your life experience by appreciating the sunset and apply your acumen toward volunteerism. Lighten up.



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