Charlie Rose - Hank Greenberg

[randeroid]

I agree with many of the negative comments below. @2:09, AIG is certainly a national asset. @:10 AIG needed a bail out. 

[beancube2010]

People should always demand audits and transparency of their insurance companies.

[beancube2010]

Money abstract is not treasure of Jews, not of US. With technology today, US has capacity and lesser risk than any country of this world to educating, housing and feeding every single individual regardless of occupation status. Why do insurers try their best to divide all of us into single individual for pricing premium? Why don't insurance subscribers own these insurance companies themselves? Jewish scam using company change hands and derivatives are all over insurance industry.

[vivrospetjon]

I find it hard to believe that Greenberg, this longtime Chairman & CEO along with his 2 sons are oh so innocent with this snow balling catastrophe. He held that office for nearly 30 years and was forced to resign. That speaks volumes. WHO THE HELL WOULD WANT OR VALUE HIS FUCKIN ADVICE????

[nadsab1]

He set up AIG up as if there was and I quote there is no other one (AIG) like it Thats dangerous, for one company to have that much control over the world economy. AIG should be broken up liquidate it, for that very reason. This crook single handedly very negatively affected millions of good, middle class, hard working lives for the worse. It will take MILLIONS of folks years if not decades to recover from the damage this asshole did to the US economy. He's worse than Madoff.

[nadsab1]

Suing AIG for TWO BILLION DOLLARS? Hell, the gov should FINE this narcissist controlling greedy bastard two billion, after which they throw this crooks ass in jail, which is where he belongs. And this new company he started, the government should take that over as well since he is probably doing the same kind of criminal activities in his new company as the AIG. I hope they investigate that new company as well before it get's American in the same position as AIG..

[nadsab1]

The cops in England are completing a criminal fraud investigation of AIG England because of what above bastard set up. What amazes me is the above bastard is so greedy, after causing the world meltdown, he wants TWO BILLION DOLLARS FOR HIS SERVICES, in his lawsuit against his own company. He is either so narcissist & has huge sense of entitlement or is trying to deflect blame by suing AIG & the guy that replaced him. Instead, this crook needs to go to jail he caused more damage than Madoff.

[nadsab1]

If you believe the world economic meltdown was caused by one company & person, then you need look no further than @ the above bastard. ABC just did an investigative report on AIG & their extremely risky division in England which this insatiably greedy above criminal set up, was the only company in the world willing to insure ridiculously risky home mortgages. the housing crises triggered the great depression of 2008 due to the above crook writing bad insurance paper for corrupt loans.

[nadsab1]

Stupid, stupid, stupid. Stupid is, as stupid does. Such as the above - one of many on Wall Street. Our so called financial wizards are looking pretty stupid. They would have had better odds at the blackjack tables in Vegas. Thats all they di - gamble with other peoples money & when they lose they want the federal government to tax the middle class to pay them back. A bunch of degenerate, narcissist fucking sociopaths and their values are far from what one could call American values.

[nadsab1]

These so called financial wizards are looking pretty stupid. First they buy into Reganonomics, lobby Washington to remove the rules and safeguards which protect billionaires, millionaires and the middle class from stock market crashes (like Glass Steagall act for example), then their de regulation wipes them out financially because of fraud, & NOW, they expect the middle class which they themselves have helped to ruin PAY THEM BACK their BILLIONS! I dont think so. Let them eat maggots

[nadsab1]

If Greenberg is so smart, & the new CEO is so stupid, then how is it that Greenberg was so stupid & kept his shares until they were almost worthless? He says he is much smarter than the new AIG CEO and that this would have never happened under his watch, I dont believe it I think he is a stupid idiot. Now he thinks taxpayers are stupid as he and will be willing to pay this rat fink 2 billion dollars because he as too stupid to pick up the phone and call his broker and say sell sell sell.

[nadsab1]

Even Greenberg says it's paper loss. He never sold his AIG shares, shares that were not liquid. He STILL has the same number of shares. So he lost no money, and no shares. Now he wants US taxpayers to pay him 2 bil in CASH. Rich bastard hypocrites like him say they don't want socialism and a welfare state, UNLESS it applies to them. Welfare for the rich, but NO welfare or socialism for the poor, a double standard. Too stupid to sell earlier he wants taxpayers to pay for his stupidity.

[nadsab1]

What a laughable hypocrite. He sues AIG for fraud, when he himself is being investigated for fraud - fraudulent business practice, securities fraud, common law fraud, and other violations of insurance and securities laws since 2005 by the State of New York.

[nadsab1]

The biggest greatest thieves in the US never get caught and are never held accountable. Scum suckers like Greenberg here steal billions and then can sue their own company for more and have the US taxpayers foot the bill, and avoid jail, while someone who robs a bank for 100 dollars gets twenty years. It's disgusting. They should take all these wall street scum bags and put them out on a desert island and let them butfuck each other until blue in the anus.

[nadsab1]

Greenberg actually caused far more damage to the US economy than Madoff ever did. Even Bernacke says so. This guy should be thrown in jail and they should throw away the keys he is as bad as any terrorist. The damage Greenberg did results in the trillions. Thats a reason why he is suing - he want's to try to distract people from all the damage he did and place deflect his much deserved blame onto someone else at AIG. These wall street scum maggots with their lawyers never cease to amaze me

[nadsab1]

Greenberg obviously knows nothing about the insurance business. He set this company up like a giant hedge fund and ponzi scheme and blames the guy who took over for him. Greenberg was also in bed with the feds and helped de regulate the business. He is as bad if not worse than madoff. guess Greenberg is pretty stupid. Greenberg ran the company for 30 years and the new guy was only on for a couple of years. I think he is a sociopath.

[nadsab1]

My mistake I apologize about what I said about Hank Greenberg. I said he was suing US taxpayers for 70 million. He is not. He is suing American Taxpayers for 2.07 BILLION. THE 70 mil was just the tax he paid. He lost 2 billion because he was too stupid to sell when the stock was tanking and now he wants taxpayers to pay him TWO BILLION into his personal bank account. I apologize, he is a far worse scum sucking maggot than I could have ever imagined.

[Wizard364]

This is the side of the story they wouldn't teach you in school.

[nadsab1]

This jerk is what, in his 70's? Retired? STILL greedy for money? He should take up a hobby like oil painting. THE lust and greed these wall street scumbags have for money amazes me. Once they get a taste of $they want more and MORE! It don't matter to them that the US taxpayers own this company now, he want's US taxpayers to pay him back 70 million he lost because of his companies stupidity. it's bullship. I say, SCREW this Maggot. Let him grovel in the soup kitchen like everyone else.

[nadsab1]

I think the most gracious way I can describe Greenberg and the likes of these slime bag maggot greedy wall street crooks is that of a greazy slimy pig wallowing in a bed of maggots. Screw you on your 70 millio0n dollar lawsuit against US taxpayers and citizens.

[nadsab1]

He still lives a far more comfortable lifestyle than 99.999 percent of the US population. The obscene greed of these slimy leeches amazes me.

[nadsab1]

Boo hoo hoo. Another multi millionaire lost money too bad. The middle class has lost their livelihoods, homes, jobs, can't buy food and THIS ARSEHOLE EX AIG CEO has the GALL, to sue a (now) US taxpayer supported insurance company for 70 million dollars because he wants his investment back. SO he wants US taxpayers to pay him back all the money he lost in the stock of the company he founded and retired from years ago. I vote no for this maggot slime bag greedy prick.

[nadsab1]

Greenberg is a JERK. Shame on him. He just sued AIG today and now he wants a stack of AIG cash 70 million, after all that taxpayer money has been put in to that company and he wants to stick taxpayers whit the bill. EVERYONE lost money. Why should he get any when most others wont? It's not fair. This man is a typical, greedy, slime bag wall street scum bucket who only cares about money with all the people ripped off by mad off lost their life savings what a frigging maggot Greenberg is.

[SaveOurPlanetBeVegan]

yup

[ccfinfo]

Explosive Video, Fannie Mae CEO calling Obama and the Dems the "Family" and "Conscience" of Fannie Mae

Search this and then tell me that Obama is any better.

[heycortez]

I didn't know Hammerin' Hank was in finance now!

[SAM51701999]

He's a crook last I knew ... how much did AIG pay out due to BID RIGGING ??? w/his son over at Marsh ???

[osiris33]

Greenberg is a shareholder... he wasn't looking out for the folks either.