10 Dumbest Business Moves of 2011
Hank Greenberg goes to court
You might think that after heading AIG, which you and I now own most of thanks to billions of dollars in government bailout, ex-CEO Maurice "Hank" Greenberg would want to lay low. You would be wrong. First our Hank sues a Chinese company called MediaExpress for overstating its income. Yep, he lost money because of assets that weren't worth the price he paid for them. Then he sues the Federal government for $25 billion because bailing out AIG caused meant valuable property was taken from him.