On September 24, 2009
Free Hank! Former AIG Boss Greenberg Wants Spitzer’s Charges Dropped
Let’s set the record straight. Former American International Group CEO Hank Greenberg isn’t languishing behind bars, living on bread and water and rooming with Bernie Madoff. Rather, he’s surrounded by expensive Chinese art work in his plush New York City office at Starr International, a company he controls. Nevertheless, our sympathies go out to him in his time of need. Greenberg still faces charges, lodged against him by former New York Attorney General Eliot Spitzer, that he “cooked the books” at AIG to make earnings look better than they really were. The complicated deal involved a reinsurance pact with a unit of Berkshire Hathaway, and will now send five people, including a former AIG top executive, to jail. But not…
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