Hank Greenberg

Goldman's Reputation Hits Crisis-Level Lows

Posted 03.22.2012

Goldman Sachs is looking even worse than it did during the financial crisis. The investment bank's reputation plunged to levels below the lowest l...

New Year's Babies Throughout History

Linda Rosenkrantz | Posted 02.28.2012

Linda Rosenkrantz

If you're shopping for New Year's baby names, there are several possible ways to go... But you could also go down the namesake path, paying tribute to a notable bearer of a name you happen to like, one who entered the world on New Year's Eve or Day.

Democratic Double Standards and the Sacrifice of Eliot Spitzer

Taylor Marsh | Posted 05.25.2011

Taylor Marsh

When I turn on CNN to see Eliot Spitzer as a pundit, then look around at today's crop of gutless wonders currently leading the Democratic Party, the only people I see winning from keeping Spitzer out of public office is Republicans.

The Hot Breath of Power: Interview With the Director of Client 9

Erica Abeel | Posted 05.25.2011

Erica Abeel

This season, docs have become the star attraction of theatrical releases. Soaring above the others are Inside Job -- and now, virtually a companion piece, Alex Gibney's Client 9: The Rise and Fall of Eliot Spitzer.

Eliot Spitzer and the Madam Co-Star in Client 9

Regina Weinreich | Posted 05.25.2011

Regina Weinreich

Even as a CNN political talk show host, the specter of scandal haunts Eliot Spitzer. Oscar winning Alex Gibney seized the moment to document the falle...

There's a New AIG Story. I Was an AIG Exec. Here's the Deal.

Richard (RJ) Eskow | Posted 05.25.2011

Richard (RJ) Eskow

It turns out that AIG reportedly wanted to pay 60 cents on the dollar for Abacus deals it had insured, but Geither's New York Fed directed them to pay the full amount.

Maurice Greenberg Gets AIG Resolves All Legal Disputes with Greenberg

AP | CANDICE CHOI | Posted 05.25.2011

NEW YORK — American International Group Inc. has agreed to settle all legal disputes with its former chairman Maurice "Hank" Greenberg, the comp...

Tank Warfare: Alaska PR Initiative Targets Polar Bears

Martin Luz | Posted 05.25.2011

Martin Luz

The latest entrant in the "sponsored-ideas" derby is the state of Alaska, which announced a $1.5 million, 2-year program to kill polar bears... er... sorry, the stated goal of RFP No. 505 is to:

Negro League Strat-O-Fantastic

Robert David Jaffee | Posted 05.25.2011

Robert David Jaffee

Baseball fans everywhere can now rejoice. There is a new Negro League version of Strat-O-Matic, a board game that preceded all of the rotisserie leagues that have proliferated in recent years.

The BIGGEST Revelation From 'Too Big To Fail': AIG's Secret Stash Of Bonds: Naked Capitalism

nakedcapitalism.com | Yves Smith | Posted 05.25.2011

Perhaps there is an innocent explanation for this huge stash. However, but in all my years in financial services (and having had billionaire clients w...

Greenberg's AIG Rescue Plan Makes Him $588 Million Richer

nypost.com | Paul Tharp | Posted 05.25.2011

Hank Greenberg's triumphant return to his beloved American International Group is nearly complete -- making him $588 million richer than he was in the...

Is The SEC Tough Enough?

AP | RACHEL BECK | Posted 05.25.2011

NEW YORK — The government appears to be getting tough on corporate shenanigans, securing $83 million in fines last week from Bank of America and...

Ex-AIG CEO Greenberg Pays $15 Million To Settle SEC Fraud Charges

AP | Stephen Bernard, AP Business Writer | Posted 05.25.2011

NEW YORK (AP) -- The Securities and Exchange Commission said Thursday that former American International Group Inc. CEO Maurice "Hank" Greenberg agree...

Michael Lewis On The Man Who Brought Down AIG

vanityfair.com | Michael Lewis | Posted 05.25.2011

Almost a year after A.I.G.'s collapse, despite a tidal wave of outrage, there still has been no clear explanation of what toppled the insurance giant....

Hank Greenberg Plundered AIG Retirement Program Of Billions Of Dollars, Says AIG Lawyer

AP | MADLEN READ | Posted 05.25.2011

NEW YORK — The former top executive of American International Group Inc. plundered an AIG retirement program of billions of dollars because he w...

AIG Wants Charity Money Back To Pay Bonuses

New York Post | Posted 05.25.2011

Insurance giant AIG is trying to seize a $490 million charitable endowment -- and claw back $27 million it already awarded to New York charities -- to...

Waterboarding Leads to this Tortured Blog Post!

Dave Astor | Posted 05.25.2011

Dave Astor

When thinking about the Bush administration-sanctioned use of this brute force, I wondered how the torture guys decided on the 183 figure. Was it some kind of homage to Hank Greenberg driving in 183 runs in 1937?

Hank Greenberg: AIG Should Return Money

bloomberg.com | Hugh Son | Posted 05.25.2011

April 2 (Bloomberg) -- Banks that benefited from the bailout of American International Group Inc. should return some of the cash the firms got in exch...

Hank Greenberg: AIG Should Return Money, Offers Blistering Testimony On Hill

Huffington Post | Sam Stein | Posted 05.25.2011

Forced to retire from atop AIG in 2005 and still reportedly angry about his removal, Hank Greenberg offered what was, at times, a blistering testimony...

Sam Stein

Greenberg "Stunned" Same AIG Employees Still In Place, Blasts Bonuses

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

Forced to retire from AIG in 2005 and still reportedly angry about his removal, Hank Greenberg offered what was, at times, a blistering testimony abou...

Ryan Grim

Dems Investigating Bush Administration Role In AIG Collapse

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

A House oversight panel is investigating the role Bush administration officials and regulators played in the collapse of American International Group....

The Scapegoat Game

Fortune's Stanley Bing | Posted 05.25.2011

<i>Fortune</i>'s Stanley Bing

You know who I feel sorry for? Edward Liddy. He obviously made some very bad decisions. But he is only the last in a series of managers -- both at AIG and elsewhere -- who has done so

AIG, OMG

Francine Hardaway | Posted 05.25.2011

Francine Hardaway

This poor dude Liddy, who retired from Allstate and came back to run AIG and be a hero for his country. I bet he's really sorry now. I'm listening to...

AIG's Liddy, Greenberg Locked In Battle

Huffington Post | Julie Satow | Posted 05.25.2011

Even as AIG posts its largest quarterly loss in the history of Wall Street, and announced it was accepting another $30 billion government infusion, th...

Hank Greenberg: AIG Perpetrated Fraud

Bloomberg | David Glovin and Joel Rosenblatt | Posted 05.25.2011

March 3 (Bloomberg) -- Former American International Group Inc. Chief Executive Officer Maurice "Hank" Greenberg accused the insurer in a lawsuit of s...