Former AIG boss Hank Greenberg is scheduled to testify before congress this morning on the collapse of AIG. It’s hard to say why he’s being allowed the forum, but fine - let him testify - under one condition...
Disclaimer: I’m not an attorney, and don’t play one on TV (and no, I didn’t sleep at a Holiday Inn Express last night, either). Everything I know about legal procedure I learned from Law and Order, and reading John Grisham books...
So, former AIG CEO Hank Greenberg is slated to testify before congress shortly on the banking bailout. According to Politico, Greenberg is going to present a 10 point plan to save AIG.
In the course of congressional inquiry into the financial industry collapse, perhaps Greenberg’s testimony into the where’s and why for’s are important from a forensic investigation standpoint. To that end, and with the current legal issues facing him, he should be sworn in as a hostile witness. But taking his advice on how to move forward??
Isn’t that kind of like allowing White Star Lines CEO Bruce Ismay to present a post-iceberg 10 point plan to save the Titanic?