Greenberg Steps Down From Witness Stand, Without Much Drama
- Ex-AIG chairman finishes 5 1/2 days of testimony in fraud case
- Greenberg maintains he relied on underlings to handle details
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Those in the courtroom on Thursday expecting Maurice “Hank” Greenberg to deliver a passionate defense of his tenure as chairman of American International Group Inc. were likely to be disappointed.
Greenberg completed his testimony at his civil fraud trial after about two hours of friendly questioning from his lawyer, David Boies. Firmly, but without much drama, Greenberg told Boies he was too busy managing AIG 15 years ago to get involved in the nitty-gritty of an accounting scheme. It was the same thing he told a government lawyer over 4 1/2 days of questioning earlier in the trial.