"I have enough cash in Swiss bank accounts that my grandchildren won't have to worry about paying for private school" He probably has that much money, but ther

"I have enough cash in Swiss bank accounts that my grandchildren won't have to worry about paying for private school" He probably has that much money, but there's no need for him to use Swiss bank accounts. It's not like anyone is accusing AIG of compensating employees under the table. "He was shocked, absolutely shocked...." Why does it matter if he knew or not. The janitors might have known as well, but we aren't attempting to garnish their wages as punishment. After all, he swept the floors as he was told. The issue isn't knowledge -- it's control. One might have a duty of some sort to report fraud, but poor risk management isn't illegal. So, how is this guy any different than the hypothetical janitor? The guy who wrote the letter claims that his business unit was legitimately profitable.