Toward the bottom of a fine James Stewart column in the New York Times about Maurice "Hank" Greenberg's 90th birthday and his legal battles comes this:
Mr. Spitzer told me this week the claim that the lawsuit was retaliation against Mr. Greenberg "is the most ridiculous assertion I've ever seen." He added, "The case is well documented and was brought to our office by established members of the business establishment."
Now that's interesting. The natural follow-up to Spitzer would be, who were those "established members of the business establishment"? Were they rival insurance companies or AIG's business competitors? Were they money managers who were shorting AIG stock? Mr. Spitzer makes the claim to defend himself from the charge of retaliation, but it's not entirely clear that the scenario he describes is much better than a retaliation scenario.
