Wall Street's villains: Cayne, Greenberg

Are Jimmy Cayne (near right) and Hank Greenberg (far right) now officially the most hated men on Wall Street? The pair led two of the most prestigious American financial services companies (Bear Stearns Cos. and American International Group Inc., respectively) but some might say -- as lawsuits contend -- that they didn't act in the best interest of shareholders.

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AIG is suing former CEO Greenberg along with five other executives for supposedly breaching their fiduciary duty, according to Reuters. Greenberg resigned from AIG in 2005 while Eliot Spitzer (another great) was leading investigations into a reinsurance transaction scandal. The lawsuit claims that misappropriations were $20 billion. 

Cayne, who stepped down as CEO of Bear Stearns Cos. in January, played bridge as the bank began its descent. He has since sold out and also faces lawsuits from angry shareholders. - Maria Woehr

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