Now We’re Paying Their Defense Costs …
We just gave AIG $30 billion. AIG is also suing us over a tax matter, so we’re paying to sue ourselves. And now we’re going to pay for AIG to defend itself from … its former CEO:
This is sad and kind of awesome. Maurice “Hank” Greenberg, the man who built up AIG into the global powerhouse, before being forced out by Eliot Spitzer, is suing his old company for securities fraud. Greenberg says that mirepresentations by the company caused him to overpay for the stock.
It’s as though he killed his own parents and is now complaining because he’s a fucking orphan.
We’re not sure what he’s getting at or going for. He’s not likely to get any money from the company, but maybe he’s trying to save face after all those one-on-ones with Maria Bartiromo, in which he claimed that the company was merely suffering from a liquidity crisis, not a solvency one. Remember those?
This is one of the silliest fucking suits I’ve ever seen. And I’ve seen a lot of them. Fuck. Me. Running.





6:12 pm • Monday • March 2, 2009
Fuck them all, each and every AIGer. When my father died, my mother wanted to cash in an annuity they had held for his retirement income. Not only did AIG compassionately first say he wasn’t dead, then they gave her the runaround for FIVE FUCKING MONTHS. As you might expect, a nudge by a friendly attorney got the check there in about a week. (Just one more reason to be a lawyer groupie. You guys do count.)
Die, AIG. Die.