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03-02-2009, 09:23 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 2,223
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Hank Greenberg sues AIG
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" A person is smart, but People are dumb, dangerous, panicky animals, and you know it " Agent "K", Men in Black
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03-02-2009, 09:47 PM
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#2
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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He must be out of his mind...
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03-03-2009, 07:21 AM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Spooky. Hank Greenberg's been dead since 1986...
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"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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03-03-2009, 08:03 AM
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#4
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Moderator Emeritus
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
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 Quote:
Originally Posted by ziggy29
Spooky. Hank Greenberg's been dead since 1986...
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Exactly my initial reaction - I thought maybe his estate didn't collect on his annuity or something. Sounded like great fun but now that I see it's a greedy namesake, screw it...
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Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.
As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
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03-03-2009, 08:11 AM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Quote:
Originally Posted by FIREdreamer
He must be out of his mind...
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Hasn't the point of the "entitlement" of the wealthy been raised here recently. Prime example...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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03-04-2009, 11:58 AM
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#6
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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Quote:
Originally Posted by HFWR
Hasn't the point of the "entitlement" of the wealthy been raised here recently. Prime example...
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Interesting that you should reply to my post with this quote as the "entitlement of the wealthy" comment seemed directed at me in the first place ( http://www.early-retirement.org/foru...r-42767-4.html). I also find it fascinating that the people who admonished me for being an "entitled rich" are probably many times wealthier than I am (I am just a young dreamer making good money but I am certainly one the poorer members of this board). There was delicious irony in that.
But there is also great irony in Hank's claims... Hank Greenberg was CEO of AIG until March 2005. For him to claim he wasn't aware of AIG's sub-prime exposure when in fact AIG started getting exposure to the sub-prime market under his own leadership is, well... crazy.
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03-04-2009, 07:56 PM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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No connection was implied, btw. I'm all for people getting rich. Especially me...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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03-04-2009, 08:03 PM
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#8
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Recycles dryer sheets
Join Date: Jan 2009
Posts: 170
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The dude that sold $2.8B worth of assets to his wife for $1 to shield them from creditors in civilian suits. Priceless. 
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