WAS
Chief of AIG Financial Products (2001-2008)
WHAT HE DID
Blew a $500 billion hole in fabric of the universe by placing massive bet on the bubble economy with money he didn’t have.
WORST MOVE
In August 2007 told investors his CDS deals could not lose even “$1″; lost $352 million that quarter.
NOW
Enjoying his $280 million in earnings.
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