So Far, Hank has pretty much been exonerated on all counts brought against him by “Hooker boy” Spitzer. This guy had a vendetta against Greenberg because he probably would not kiss his butt.
“Hooker-boy” was trying to become Governor and needed a big feather in his cap.
Due to Greenberg’s forced departure, all controls were lifted on financial products and the company bought garbage mortgages among other transactions that had NEVER occurred during his tenure.
It seems that the company grew very nicely for FORTY years without any financial problems while he was at the helm.
Spitzer removed Greenberg and then did not watch the stupidity of the future transactions which might have saved shareholders and customers a large problem.
Spitzer chased two very irrelavant and insignificant transactions against AIG and ignored the transactions going forward.
Had he been worth a darn as an Atty General, he would have noticed how the barn door was opened after Hank’s departure.
Typical politician trying to become involved in private business when he has never signed the front of a paycheck. Similar to Clinton.
Good news is Hookerboy has his trust account to live off of and pay $3,000 per night for hookers.
Many much larger entities, i.e. governmental agencies, are managed by much less qualified people. Their managers are rarely penalized for errors made by people who they manage.
Mr. Greenberg managed competent people who made mistakes. That’s called life.
Maybe you shouldn’t have a company that’s so big you don’t have a clue what’s going on with the “underlings”!
I call BS on this. He didn’t oversea a $500,000,000 deal? Really? If he didn’t then he should be sued by shareholders…wait he was……..
So Far, Hank has pretty much been exonerated on all counts brought against him by “Hooker boy” Spitzer. This guy had a vendetta against Greenberg because he probably would not kiss his butt.
“Hooker-boy” was trying to become Governor and needed a big feather in his cap.
Due to Greenberg’s forced departure, all controls were lifted on financial products and the company bought garbage mortgages among other transactions that had NEVER occurred during his tenure.
It seems that the company grew very nicely for FORTY years without any financial problems while he was at the helm.
Spitzer removed Greenberg and then did not watch the stupidity of the future transactions which might have saved shareholders and customers a large problem.
Spitzer chased two very irrelavant and insignificant transactions against AIG and ignored the transactions going forward.
Had he been worth a darn as an Atty General, he would have noticed how the barn door was opened after Hank’s departure.
Typical politician trying to become involved in private business when he has never signed the front of a paycheck. Similar to Clinton.
Good news is Hookerboy has his trust account to live off of and pay $3,000 per night for hookers.
Many much larger entities, i.e. governmental agencies, are managed by much less qualified people. Their managers are rarely penalized for errors made by people who they manage.
Mr. Greenberg managed competent people who made mistakes. That’s called life.