iOS app Android app

Hank Greenberg

The BIGGEST Revelation From 'Too Big To Fail': AIG's Secret Stash Of Bonds: Naked Capitalism | Yves Smith | Posted 05.25.2011 | Business

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...

Maurice Greenberg Gets AIG Resolves All Legal Disputes with Greenberg

AP | CANDICE CHOI | Posted 05.25.2011 | Business

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 | Green
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:

Greenberg's AIG Rescue Plan Makes Him $588 Million Richer | Paul Tharp | Posted 05.25.2011 | Business

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 | Business

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 | Business

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 | Michael Lewis | Posted 05.25.2011 | Business

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 | Business

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 | Business

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 | Comedy
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?

Sam Stein

Greenberg "Stunned" Same AIG Employees Still In Place, Blasts Bonuses | Sam Stein | Posted 05.25.2011 | Politics

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...

Hank Greenberg: AIG Should Return Money | Hugh Son | Posted 05.25.2011 | Business

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 | Business

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...

Ryan Grim

Dems Investigating Bush Administration Role In AIG Collapse | Ryan Grim | Posted 05.25.2011 | Politics

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

The Scapegoat Game

Stanley Bing | Posted 05.25.2011 | Business
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


Francine Hardaway | Posted 05.25.2011 | Politics
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...

Looking for Bailout Love in All the Wrong Places

Don McNay | Posted 05.25.2011 | Business
Don McNay

Citigroup and AIG employ thousands of good people. But they have had rotten apples in leadership. They created a culture that is probably impossible to change or fix.

AIG's Liddy, Greenberg Locked In Battle

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

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 | Business

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

Hank Greenberg To Battle AIG In Court

New York Post | Paul Tharp | Posted 05.25.2011 | Business

Hank Greenberg will finally get his day in court. The founder and former chairman of American International Group is set to duke it out March 2 with ...