Liddy's Short-Lived PE Career Was Much More Comfortable
With all the hubbub over yesterday’s testimony from AIG CEO Edward Liddy (which varying news outlets referred to as a “scalping” and a “lynching” and “dunk tank”) I thought it’d be nice to revisit a time when Liddy wasn’t in the hot seat, but rather a soft recliner, at buyout firm Clayton Dubilier & Rice. It’s been less than a year since took on the role of operating partner at CD&R after running Allstate Corp. It’s only been six months since he abandoned that role and, in his words "came out of retirement" to take on his current gig as the CEO of AIG. Below, we compare some of the questions and statements fired at him yesterday with
19 March 2009•3 mins read
