regarding the prior post about blackboard. a quick google search of Hamilton Insurance (blackboard) documents the following chain of events.
bd started Hamilton in bermuda, ran hamilton company before coming to aig. bd came to work at aig and aig paid Hamilton $40 million dollars severance to let him leave. shortly after, bd uses aig to buy his former company for $110 million dollars. then 3 years later, bd sells or dismantles the company that he used to own after adding no value to aig as a whole.
I can't believe this is legal?