Ex-CEO dumps AIG shares
Maurice Greenberg, the former CEO of American International Group, sold off 40 million shares of the insurer for $125.9 million after the stock tumbled more than 90 percent this year.
He still controls more than 10 percent of AIG.
Greenberg is selling shares "for liquidity," according to another regulatory filing. Greenberg and companies he runs owned about 11 percent of AIG, the largest block, before the sales. The insurer averted collapse last week by agreeing to a federal takeover.
Okay....you've been seduced...and penetrated....by some slick smooth talkin' smoothie....and yeah, you've been robbed, and left lookin' at what might be coming......
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—Earl Sinclair
"I do have respect for authority even though I throw jelly dicks at them.
- Antonio Brown