Lies perpetuated by AIG’s complex claims director Nancy Finberg while under oath reveals not only a problem with the insurance giant’s practices but an overall view the industry takes towards truth and justice. Could lying for the good of a company facing litigation be a more systemic problem than we realize?
What is stunning about this article—specifically the testimony of the AIG claims director—is that she apparently (honestly?) believed that it is ok to lie under oath “to preserve legal issues”! This obviously reflects a “gamesmanship” mentality and approach to litigation. Does this reflect a deeper problem, where lying in response to questions posed in litigation is sanctioned, but would not otherwise be tolerated? The hall-mark of the American judicial system, search for the truth, is apparently anathema to this insurance giant, its officers and attorneys if this sorry episode has roots in its corporate and legal culture.