Friday, Nov 27th

Last update07:41:34 AM GMT

You are here News Domestic (USA) Ex-AIG chief Greenberg takes the Fifth

Ex-AIG chief Greenberg takes the Fifth

E-mail Print PDF

Maurice "Hank" Greenberg, the legendary former chief executive of AIG, declined to answer questions Saturday from the New York Attorney General's office about his role in a controversial transaction between AIG and another insurer. Instead, Greenberg invoked his Fifth Amendment rights, his defense lawyer confirmed.

They said repeatedly that as long as he was provided with the full results of AIG's internal investigation of the deal - which he eventually was - he would answer all of state regulators' questions.

Greenberg's chance to testify finally came on Saturday, but he declined. It was a stunning turnaround for a man who has spent just shy of a quarter of a billion dollars to tell his side of the story and clear his name.


Most Recent Related Stories...

Why Thanksgiving Is A 'National Day Of Mourning' For Some Americans

Thanksgiving is also a day of mouringWhen Cedric Cromwell sits down with his family for a meal on Thanksgiving each year, the...

How Walmart Keeps an Eye on Its Massive Workforce

Walmart spiesIn the autumn of 2012, when Walmart first heard about the possibility of a strike on...

A grim holiday season awaits America’s hungry

America's hungry For households that struggle with food insecurity, November often marks the beginning of the particularly lean...

Armed group publishes home addresses of Muslims in North Texas

Anti Muslims publish Muslim infoAn armed anti-Muslim group protesting at a North Texas mosque this week has published the home...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!