Sunday, April 17, 2005

Dude, something stinks, must be the deal I just cut

Check this out, in a purely coincidental move, embattled former AIG chief Hank Greenberg gave his wife $2 billion in shares of his company just days before the company's board pressured him to resign. Now don't read too much into that, we know that a CEO of a major company would not commit a crime or even appear to do so, so this is probably something he had planned for years.

In a related story, check on Ebay for listings on the Brooklyn Bridge, its apparently now for sale.

Damn, what is that smell? Oh, its Greenberg's story! Hey Hank, a cell soon awaits you. Maybe he should be sentenced to fight in Iraq instead.

The good news is that if he has to declare bankruptycy, his yacths and third, fourth and fifth houses will be protected still!

Something tells me that Warren Buffett, widely admired for being not only incredibly successful but also very ethical, is pissed that one of his companies ever even did business with AIG.

Here is the story:
http://story.news.yahoo.com/news?tmpl=story&cid=509&ncid=749&e=1&u=/ap/20050413/ap_on_bi_ge/aig_probe_greenberg

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