AIG’s Miller Says Occupy Wall Street Has ‘Simplistic View’

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American International Group Inc. Chairman Steve Miller, who joined the bailed-out insurer’s board in 2009, said Occupy Wall Street protesters have a “simplistic view” of the economy and government rescues of financial firms.

“The understanding of the Occupy Wall Street crowd of what makes our country work is probably fairly limited,” Miller told Betty Liu today on Bloomberg Television’s “In the Loop.” “It’s a very simplistic view of things. No one will ever know what would have happened to our country and our whole global financial system if AIG had been allowed just to go down.”