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Cry me a river for AIG's (AIG Quote) former CEO Hank Greenberg. The poor man claims AIG ruined his fortune by lying about its financial health.
Specifically, he claims AIG misled investors about its exposure to subprime mortgages. This is laughable. The man who sat at AIG's helm while the subprime explosion was in full bloom -- he was forced out in spring 2005 -- claims he was somehow uninformed about the company's financial health.
Right, Hank. Everything was just fine while you were there. It all just fell apart without you. Nevermind that AIG restated five years of past financial statements as you were shown the door. ...
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