Hank Greenberg Avoids the Spotlight
It was former AIG chief Hank Greenberg's turn to testify before the House today, and as expected he blamed everyone but himself for the insurance giant's historic collapse. ("How did this happen? I was not there, so I cannot answer that question with precision.") Unfortunately, Greenberg delivered his remarks in writing because of an illness. Or maybe he was just scared of getting manhandled by a bunch of crazy old ladies from Code Pink?
Greenberg Distances Himself From A.I.G.'s Downfall [Dealbook]