AIG Chief Calls Some Lawyers 'Terrorists'
Reuters
Tuesday, February 24, 2004; 4:59 PM
By Tim McLaughlin
BOSTON (Reuters) - The chairman of American International
Group Inc. , the world's largest insurer by market
value, on Tuesday called lawyers opposed to tort reform
"terrorists" and said class-action lawsuits are a "blight" on
the United States.
AIG Chairman Maurice "Hank" Greenberg's remarks came a day
after U.S. Education Secretary Rod Paige sparked an uproar when
he called the nation's largest teachers' union a "terrorist
organization" during a meeting with U.S. governors. The White
House said he later apologized.
In remarks to business executives in Boston, Greenberg
likened the battle over reforming class-action litigation to
the White House's "war on terror." AIG insures corporations
against multibillion-dollar claims of damages in asbestos
lawsuits, for example.
"It's almost like fighting the war on terrorists,"
Greenberg told Boston College's Chief Executives' Club. "I call
the plaintiff's bar terrorists."
That drew a swift rebuke from the Association of Trial
Lawyers of America, which called Greenberg's remarks "an insult
to the American people and the American Constitution."
"I think it's outrageous to try to use the specter of
terrorism against the trial bar," ATLA President David Casey
said.
The group, which counts 60,000 lawyers, represents on a pro
bono basis more than 1,700 families who lost loved ones in the
Sept. 11, 2001, attacks on the United State, Casey said.
"We're truly on the side of angels," Casey said.
Since the Sept. 11 attacks, President Bush has often used
the word "terrorist" to describe various groups and
individuals, but some critics say the term has been overused.
Paige's comment about the National Education Association,
which represents 2.7 million teachers and other educators,
sparked immediate criticism from Democrats and the union.
Paige made the remark while discussing the federal "No
Child Left Behind" education law with governors at the White
House, said Democratic Gov. Jim Doyle of Wisconsin, who
attended the meeting.
Greenberg used graphic language as he railed against an
American tort system that sometimes awards staggering sums to
people who claim injuries from corporate actions or products,
for example. He accused plaintiff's lawyers of venue shopping
in hope of winning big awards from receptive juries or judges.
"You know you're going to get raped...when you appear
there," Greenberg said.
"Our legal tort system is out of control," he said,
estimating class-action lawsuits shave 2 percent off the U.S.
gross domestic product every year. "It's a blight on the
country."
 Full Legal Notice
© 2004 Reuters
|