April 13, 2005

The New York Times > Business > The Former Chief of A.I.G. Is Silent Before Regulators

If Greenberg is a crook, the prosecutors should find a way to take the $billions he transferred to his wife. This is a travesty. While I support capitalism, these greedy crooks should be hung out to dry. They deserve to die as paupers.

"On the same day he appeared before investigators, a new regulatory filing showed that Mr. Greenberg transferred $2.6 billion worth of A.I.G. stock to his wife three days before he stepped down as chief executive. The gift of 41.4 million shares, now worth about $2.2 billion, represents most of Mr. Greenberg's ownership of A.I.G. shares and might have been done to try to protect the assets. "

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