http://www.nzherald.co.nz/index.cfm?c_id=3&ObjectID=10115642The shit that AIG was doing must be far worse than what is presently known to the public. Hank Greenburg is a legend in the insurance and was at one time considered for CIA director.
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During a conference call last month, Greenberg accused overzealous regulators of "turning foot-faults into murder charges".
Those retorts were a mistake by Greenberg and AIG, says Damon Silvers, associate general counsel of the Washington-based AFL-CIO labour federation, whose member unions control funds with assets of about US$400 billion.
"Where have these guys been the last four years?" says Silvers. "Don’t mess with Eliot; that’s certainly true. The most important thing about Eliot is that he’s afraid of no one."
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