Former American International Group Chief Executive Officer Maurice Greenberg arrived on Capitol Hill last week to tell a House panel how the government should fix AIG, but heard a congressman call him the wrong witness because of his own legal problems.
Mr. Greenberg left the conglomerate he headed for nearly 40 years in 2005, when the company was in the midst of an accounting scandal.
Testifying before the House Committee on Oversight and Government Reform, Mr. Greenberg said the government plan to bail out AIG has failed, and that selling the company at this time "would bring the government only pennies on the dollar for their investment in AIG."
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