Tuesday, Oct 13th

Last update03:14:39 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...

Terror Charges for Confederate Flaggers

Terroro charges for confederate flagA Douglas County grand jury has charged a Confederate flag group with making terroristic threats against...

Jerry Brown Signs Automatic Voter Registration In California

Jerry BrownCalifornia Gov. Jerry Brown (D) on Saturday signed a bill that will automatically register voters, which...

Indigenous Peoples Day support grows across US as states recognize holiday

Indigenous Peoples dayMore cities are recognising Native Americans on Columbus Day this year as they revive a movement...

US Muslim leaders brace for protests with potentially armed demonstrators

Muslim leaders brace for armed protestsMuslim leaders of mosques in some 20 cities in the US, including Phoenix and Oklahoma City,...
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!