Remember that AIG bailout? Remember the $85 billion in YOUR money to "help" AIG out? Well . . . Hank Greenberg, the former CEO and owner of 10% of the company, will sell his 37 million shares for a cool $114 million.Thank you US taxpayer for propping up the stock so Hanky-boy can get out!
Poor guy though, he has lost $2.4 billion in net worth since last October. AIG is trading at around $3 bucks now, last October it was $70 a share.
It should be goddamn illegal for any top exec to sell 1 share until we are paid back . . . IN FULL.
-Prodigal Son
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