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To: Uncle Miltie

I don’t know why you ask me, given that I don’t mention him in this article, but he is a founder of AIG, and a former chairman.

There appears to be a move to hold him responsible - but this is coming from the SAME people who say Bush is entirely to blame for the bad economy because it collapsed under his watch. Things were going great at AIG at the time that Greenberg retired. So the libs who are trying to attack Greenberg - and in a backhanded way attack Bush and absolve Obama, suffer from a massive case of hypocrisy.

Greenberg has repeatedtly publicly said he did not believe in the kinds of bonuses paid out to AIG execs, and would NOT have approved them.

And the point of my article is not to examine AIG corporate culture and blame this exec versus that. Rather, it is to show that Democrats specifically inserted language into the stimulus bill (the one Republicans voted against and had nothing to do with) protecting and enabling AIG bonuses.


5 posted on 03/20/2009 4:04:50 PM PDT by Michael Eden
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To: Michael Eden

I was asking in the vein of:

“Who is John Galt?”

Greenberg having been improperly chased from AIG by the government, and the results having occured after he left. Had Greenberg remained, would AIG be in this fix? I don’t know. But the Greenberg / Galt analogy bears further exploration.


8 posted on 03/20/2009 5:11:34 PM PDT by Uncle Miltie (A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
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