(Huffington Post) The former CEO of a company that had to be bailed out by the government says he's skeptical of the government.
Hank Greenberg, the ex-CEO of AIG, told Bloomberg TV Thursday that he agrees with Jack Welch's tweet calling Friday's jobs report "unbelievable." The jobless rate fell to 7.8 percent in September, from 8.1 percent in August, according to the Labor Department. Friday's report was the first time the rate had fallen below 8 percent in years, fueling conspiracy theories from Welch and others that it had been tinkered with to help Obama's reelection chances.
"If you look at the number that they interview it's about 60,000 homes, that's not a great number to get some accuracy so you will get variations that swing pretty high," Greenberg said on Bloomberg TV.
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