Hank Greenberg was run out of AIG through the strong handed black mailing tactics of (then NY AG) Elliott Spitzer (of NY Governor & prostitute fame and former college buddy of CNBC's Mad Money's Jim Cramer). All charges were apparently dropped after he was forced out and an "acceptable" (read: Democrat) CEO was installed in 2002.
After watching this video, you have to wonder how much different would it have been had he been allowed to stay at the helm of AIG...
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