Well maybe not a perfect example, but the point was that he is one of many people on the outside looking in saying that everyone should have known better and that the people at the very top DID know better.
As for the example itself, sure he is still wealthy compared to us but he is/was considered one of the greatest CEOs in American history and has lost most everything that he had (but because he had so much, 3% of that much is still pretty good):
Quote:
"I've lost my entire net worth, literally my entire net worth," Greenberg said. "I worked 40 years building the greatest insurance company in history, one that everyone in the world envied – who was in this industry."
Greenberg, who privately or through the companies he runs still owns a private jet, an office on Park Avenue and homes in New York City and Brewster, N.Y., likely lost 95 percent of his total assets, or somewhere in the neighborhood of $3 billion, analysts say.
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LINK:
http://abcnews.go.com/Business/story?id=5826500&page=1
And there were 3 CEOs total, Greenberg left about 2 years ago (after about 40 years)? And really had been squeezed out a couple years before that but there was a bitter fight (and lots of allegations) before he was finally ousted.
Claeren.