Former AIG Chairman and CEO Hank Greenberg said the public doesn't know everything about what went down with the bailout of the insurance giant and he stands by his lawsuit against the government.
"In this country the government has the right to nationalize any company, but you have to pay for it. You can't simply take somebody's assets," Greenberg told CNBC's "Closing Bell."
Greenberg responded to Benmosche on Tuesday saying, "Ask him why he is suing the Federal Reserve Bank of New York using Maiden Lane II." Maiden Lane II is a special vehicle created by the NY Fed during AIG's 2008 bailout.
Now the Chairman & CEO of C.V.Starr & Company, Greenberg says he intends to win the lawsuit even if it takes 5 to 10 years.
"I'm busy building a company. I wouldn't do this if I didn't think I would win," said Greenberg, who co-authored the new tell-all book "The AIG Story" with Lawrence Cunningham.