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Latest Maurice "Hank" Greenberg Stories

2006-03-04 23:34:29

By Jonathan Stempel NEW YORK (Reuters) - Warren Buffett went out of his way on Saturday to praise Hank Greenberg, but not all was as it seemed. Buffett, who runs Berkshire Hathaway Inc., was interviewed last April by New York Attorney General Eliot Spitzer about a transaction involving Berkshire's General Re Corp. unit and American International Group Inc., the insurer long run by Maurice "Hank" Greenberg. While Buffett was not a target of Spitzer, Greenberg was, and Spitzer sued...

2006-01-30 17:23:14

By Jonathan Stempel NEW YORK (Reuters) - American International Group Inc. on Monday won court permission to temporarily block a firm run by former chairman Maurice "Hank" Greenberg from luring insurance clients from the world's largest insurer. Greenberg's firm, C.V. Starr & Co., also claimed victory after New York State Supreme Court Justice Herman Cahn extended a Sunday order preventing New York-based AIG from denying access to client documents and office space. Both sides are...

2006-01-30 15:26:21

By Jonathan Stempel NEW YORK (Reuters) - American International Group Inc. on Monday won court permission to temporarily block a firm run by former chairman Maurice "Hank" Greenberg from luring insurance clients from the world's largest insurer. The order by New York State Supreme Court Justice Herman Cahn against a unit of Greenberg's C.V. Starr & Co. extends through Thursday, when another hearing is scheduled in Cahn's Manhattan courtroom. It comes amid a nasty and complicated...

2006-01-30 11:59:20

NEW YORK (Reuters) - Lawyers for insurer American International Group Inc. and a firm headed by its former chief executive, C.V. Starr & Co., appeared in a New York state court on Monday, arguing over whether they were improperly trying to keep each other from conducting business. The dispute escalates a battle between AIG and Maurice "Hank" Greenberg, who was forced to retire from the world's largest insurer last spring amid federal and state investigations into the company's...

2006-01-24 11:29:24

NEW YORK (Reuters) - Maurice "Hank" Greenberg, the former chief executive ousted by American International Group last year amid regulatory probes, stepped up his legal defense efforts by seeking internal documents and testimony from New York Attorney General Eliot Spitzer's office. Greenberg's team last week also prevailed in efforts to gain access to an internal report prepared for AIG's independent directors last year, a spokesman said on Tuesday. Getting the report is significant...

2006-01-13 09:30:45

NEW YORK (Reuters) - American International Group Inc. may pay as much as $1.5 billion to settle civil investigations by state and federal authorities into an accounting scandal, The Wall Street Journal said Friday, citing unnamed people familiar with the matter. New York Attorney General Eliot Spitzer and the New York State Insurance Department last May filed a civil suit against the largest U.S. insurance company and its former chief executive, Maurice "Hank" Greenberg, charging it...

2005-12-22 14:17:21

By Joseph A. Giannone NEW YORK (Reuters) - Former Goldman Sachs Chairman John Whitehead on Thursday said New York Attorney General Eliot Spitzer threatened him during an April phone call for writing an opinion piece critical of Spitzer and his attacks against prominent insurance executive Maurice "Hank" Greenberg. Spitzer, through a spokesman, denied he made threats, disputed Whitehead's version of the exchange and said Greenberg, who resigned as chief executive of American...

2005-12-22 12:15:51

By Joseph A. Giannone NEW YORK (Reuters) - New York Attorney General Eliot Spitzer says former Goldman Sachs chairman John Whitehead, who penned an op-ed piece Thursday claiming he was threatened by Spitzer during an April phone call, is not telling the truth, a Spitzer spokesman said Thursday. Whitehead, who currently heads the Lower Manhattan Development Corp., in an April opinion piece published in the Wall Street Journal, criticized Spitzer for going on national television to...

2005-12-19 18:22:32

By Joseph A. Giannone NEW YORK (Reuters) - Maurice "Hank" Greenberg, the former American International Group chief battling fraud accusations from New York Attorney General Eliot Spitzer, is reaching out to an influential network of Wall Street and political friends to help rehabilitate his bruised reputation. Greenberg, 80, so far has attracted the support of former Democratic New York Governor Mario Cuomo, who offered to help launch a public relations campaign, according to those...

2005-11-25 00:24:07

NEW YORK (Reuters) - New York Attorney General Eliot Spitzer has decided not to pursue criminal charges against former American International Group Chief Executive Maurice "Hank" Greenberg in connection with the insurer's accounting scandal, the Wall Street Journal reported on Friday. The paper said Spitzer's office will still focus on civil-fraud allegations it filed against Greenberg and the company in May, citing people familiar with the matter. It said Spitzer's office plans to...


Word of the Day
lambent
  • Licking.
  • Hence Running along or over a surface, as if in the act of licking; flowing over or along; lapping or bathing; softly bright; gleaming.
This word comes the Latin 'lambere,' to lick.
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