U.S. lawmakers to grill AIG's Greenberg, Liddy
So, when are they going to build a panel of experts who can handle a blue-ribbon investigation, like Reagan's 1987 group, or something?
I mean, seriously, we're not going to find out what went on at AIG, until someone skilled talks to (a) the people who traded the various books and (b) anyone in risk management who was given enough information to kinda know what was going on.
Talking to the CEO's is NOT going to provide data, let alone information, right?
And, since I've been looking at formulas (and 'the story' is in the air), I'd like to hear from the guys who have profited so handsomely from the selling of risk, the Chairman and his key lieutenants at RiskMetrics. Afterall Ethan Berman is a $100 million dollar man, at least ... and Steve Thieke was on the FSA board, according to SEC disclosures.
At least, it seems more logical than asking Liddy questions. Arthur Levitt is on the RiskMetrics board - did you know that (I didn't)?
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AND
Beneficial Owner | Number | Market Value |
04/23/2008 | of Shares | (@ $14/shr) |
Entities w/General Atlantic LLC (1) | 13,333,332 | $186,666,648 |
Entities w/ Spectrum Equity | 10,833,332 | $151,666,648 |
Investors IV, L.P. (2) | ||
Entities affiliated with TCV V, L.P. (3) | 6,424,802 | $89,947,228 |
Ethan Berman (4) | 7,547,375 | $105,663,250 |
Lovida Coleman | 3,000 | $42,000 |
Philip Duff (5) | 91,668 | $1,283,352 |
Rene Kern (1) | 13,333,332 | $186,666,648 |
Arthur Levitt (6) | 131,072 | $1,835,008 |
Christopher Mitchell (2) | 10,833,332 | $151,666,648 |
Frank Noonan | 15,500 | $217,000 |
Stephen Thieke (7) | 22,334 | $312,676 |
Robert Trudeau | ||
David Obstler (8) | 368,751 | $5,162,514 |
Jorge Mina (9) | 194,723 | $2,726,122 |
Gregg Berman (10) | 325,814 | $4,561,396 |