Buyouts East Interview with George Siguler: "AIG Is A Lesson To Everyone"
George Siguler isn't too fond of Wall Streeters who complain that they're the target of populist rage. In a keynote interview at today's Buyouts East conference, he told the crowd, "The AIG concumstance ought to be a lesson to everyone in this room. There is a big part of America that doesn't think very highly of us." He later said of AIG, "When you look at the amount of wealth destruction, it's just out of whack. People in Detroit or St. Louis don't understand it, and they might work just as hard as we do, they just didn't have the same opportunities presented to them as we did. If the system feels unfair, sooner or later, people are doing to do something about it." Other highlights of his interview, which was conducted by Frank Morgan of Coller Capital, are after the jump...
