Daily News Channel
Greenberg Is Not a Fan of A.I.G.’s Repayment Plan Many parties were singing the praises of the American International Group’s plan to eventually repay its government-financed bailout. Maurice R. Greenberg, its blunt former chief executive, isn’t one of them. Mr. Greenberg, who left from A.I.G. in 2005 amid its accounting scandal, harshly criticized the plan, […]
AIG and U.S. Set Faster, Riskier Exit Path Greenberg said the asset sales reduced AIG’s diversification and added risk, especially because property-casualty business is volatile. “If I had the choice, I would sell the domestic life business rather than the Asian business (AIA),” Greenberg said. Benmosche said AIG may at some point consider a partial […]
Cardiologist Steven Greenberg keeps tabs on his patients around the clock, but he doesn’t have to lose much sleep to do so. Greenberg is able to monitor his patients daily, thanks to a device billed as the world’s first wireless pacemaker
Is Maurice Greenberg a liar? That seems to be the multibillion-dollar question in an ongoing court battle that pits Greenberg and his firm Starr International against his former employer AIG. The deeply troubled insurance giant claims Greenberg, through Starr International, improperly gained control of hundreds of millions of shares of AIG stock when he was booted from the company in 2005.
AIG and Maurice “Hank” Greenberg, in their latest legal fight, seem both to be hoping that they can convince a judge and a jury that the ends justify the means, and perhaps also that they are the nicer of the two parties. The insurance company and its former CEO head to court on Monday in a tussle over who should be allowed to keep hundreds of millions of shares of AIG that Greenberg and a company he controls, Starr International, took when he left his former employer