AIG’s Ex-CEO Says He Took the Job to Help His Country

Oh, sometimes Edward you are just too funny for words. Anyone vote for a lie detector… What did he know and when did he know it?

Justice League


LOL! What a joke! You mean steal from his country…

Former American International Group Inc. (AIG) Chief Executive OfficerEdward Liddy defended his role as the government-tapped leader of the company at the time of a 2008 bailout, saying he took the job to help his country and protect shareholders.

Without taking an $85 billion loan from the Federal Reserve Bank of New York at steep terms, which now face a legal challenge from then-largest AIG shareholder Maurice “Hank” Greenberg’s Starr International Co., the insurer would have wound up in bankruptcy and stockholders “would have been wiped out,” Liddy told a government lawyer today in Washington federal court.

Read on.

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