Hank Greenberg

In case you missed it, Hank Greenberg and AIG finally settled years of acrimonious disputes late last week. In exchange for the former CEO dropping $1 billion worth of claims against it, the government-supported company agreed to pay Greenberg $150 million to cover his legal fees, and agreed to "return to Mr. Greenberg a Persian rug that used to be in the anteroom of AIG's boardroom." (It was really soft, you see, as it was made of actual...  

A lot of water has flowed under the bridge between former American International Group CEO Hank Greenberg and the company he once ruled. But it could be time to float the idea that Greenberg might want to buy a piece of the ailing insurer. Looking back a few years that idea would have seemed far-fetched. Greenberg was ousted from the job he held for more than 30-years by an angry board after a battle with New York Attorney General Eliot...  

We were expecting a big dump on both Wednesday afternoon and again on Friday. Something good and juicy from some big-name company hoping to get lost in the Thanksgiving frenzy! Boy were we disappointed! According to the folks at SEC Watch, Fortune 1000 companies only filed 32 8Ks on Thursday and only 7 on Friday. [...]  

Former American International Group CEO Hank Greenberg says that he's no longer a billionaire, but stop before you take up a collection for him. The latest decision by AIG should make life better for Hank, but worse for taxpayers. After fighting a prolonged losing court battle with its feisty former boss, AIG agreed to settle and pay up to $150 million in legal fees and expenses for Greenberg and former AIG CFO Howard Smith, who left the...  

NEW YORK (AP) — American International Group Inc. says it reached an agreement to settle all legal disputes with its former chairman Maurice "Hank" Greenberg. Under the terms of the settlement, the parties have agreed to release each other from all claims, including any claims by Greenberg and also former Chief Financial Officer Howard I. Smith.  

From the hand-wringing tone of today's New York Times piece about AIG founder Maurice "Hank" Greenberg's new venture, an AIG manqué named C.V. Starr, one might think that the 84-year-old businessman was plotting to undermine the taxpayer — and perhaps America itself — instead of merely starting up a functional insurance business. Warns the Times: "While America generally loves stories of entrepreneurs making a comeback, Mr. Greenberg’s...  

NEW YORK — American International Group Inc. has agreed to settle all legal disputes with its former chairman Maurice "Hank" Greenberg, the company said late Wednesday. The insurance company, which was bailed out by the government and is now owned by U.S. taxpayers, also resolved its complaints against former Chief Financial Officer Howard I. Smith. AIG said it will pay up to $150 million in past legal fees and expenses for both Greenberg and...  

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (AIG), its former Chairman Maurice R. “Hank” Greenberg, its former Chief Financial Officer Howard I. Smith, C.V. Starr & Company, Inc. (“C.V. Starr”), and Starr International Company, Inc. (“SICO”) announced today that they have entered into an agreement to settle all disputes between AIG, on the one hand, and Greenberg, Smith, C.V. Starr and SICO, on the other. Under the terms of...  

Maurice R. “Hank” Greenberg did not start AIG (AIG), but he might as well have. Greenberg took over as head of the insurance company in 1968, the only CEO other than its founder C.V. Starr. Greenberg turned AIG into the largest insurance firm in the world. In 2005 he left during an accounting scandal, then [...]  

American International Group Inc. has agreed to settle all legal disputes with its former chairman Maurice "Hank" Greenberg, the company said late Wednesday. The insurance company, which was bailed out by the government and is now owned by U.S. taxpayers,... American International Group - Business - Financial services - Insurance - Law  

The insurance company has been fighting Maurice "Hank" Greenberg ever since he was ousted amid an accounting scandal in 2005. AIG said it will pay up to $150 million in past legal fees and expenses for both Greenberg and former Chief Financial Officer Howard I. Smith.  

AIG and former chief executive Maurice "Hank" Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials for the former boss to use in writing a memoir, as well as photographs and a Persian carpet.  

Andrew Greenberg replied to Andrew Greenberg's discussion 'I have a semi-exclusive on 55 IT jobs, and I need help in filling them.' in the group Recruiters Looking For Splits Jennifer, Sorry for the delay in responding. Please give me a call at 973-429-8989 to discuss. Thanks, Andy  

When Maurice "Hank" Greenberg has been in the news during the past five years, the story usually has been about AIG, the company he built into an insurance conglomerate and headed until his ouster in 2005. Now, he wants the story to be about the private insurance companies he's expanding.  

SAN FRANCISCO (MarketWatch) -- American International Group said late Wednesday that it resolved all disputes with the insurer's former Chief Executive Maurice "Hank" Greenberg and ex-Chief Financial Officer Howard Smith. The parties agreed to release each other from all claims, including any claims by Greenberg and Smith against AIG for indemnification of future legal fees and expenses or settlement costs. The parties also agreed to submit...