2013-01-11 — rollingstone.com
In a vacuum, perhaps, there might be some sort of claim here, and there are ordinary people who worked for AIG who were probably harmed when the state decided not to force companies like Goldman to take even a 1 percent haircut on their CDS contracts with the firm. But Hank Greenberg, the guy who started all of this mess by monkeying with shady reinsurance deals and signing off on the bank's incredibly irresponsible bookmaking during the pre-crisis years, is not the guy to bring that claim.
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Somebody probably has the right to complain about all of this. It just isn't Hank Greenberg. As for AIG, if its board seriously considers joining this suit, they should be tarred and feathered. When a $182 billion rescue isn't enough, you maybe, just maybe, have impossibly high expectations.
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