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Conor Clarke

Conor Clarke - Conor Clarke is the editor, with Michael Kinsley, of Creative Capitalism. He was previously a fellow at The Atlantic and an editor at The Guardian. More

Conor Clarke is the editor, with Michael Kinsley, of Creative Capitalism, an economics blog that was recently published in book form by Simon and Schuster. He was previously a fellow at The Atlantic and an editor at The Guardian. He is also on Twitter.
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What Greenberg Said About AIGFP in 2002

By Conor Clarke

Apr 2 2009, 4:15 PM ET Comment

In contrast to his defensive and self-serving testimony today, here's what then-CEO Hank Greenberg said about AIG's financial products unit on the company's 2002 Q3 earnings conference call:

[T]hey're doing a very good job, and we're pleased with their results, and I think that it will continue doing what it's been doing in the past. [...] my belie[f] is that the stuff we're writing there is Super AAA portfolios.

Super AAA indeed!


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