Latest Maurice R. Greenberg Stories
Artists Bette Midler and Paul Simon To Perform NEW YORK, June 10, 2011/PRNewswire-USNewswire/ -- Children's Health Fund (CHF) will honor two champions of children's health care at its annual benefit June 13. Artists Bette Midler and Paul Simon will perform during the event.
An unlikely resurgence of American International Group may epitomize the new appetite for risk on Wall Street, an equity analyst at Optique Capital said. Analyst William Fitzpatrick wondered who would want to buy stock that's still 80 percent owned by the government? On the other hand, he said, the risk appetite has returned to the marketplace.
Former executives of American International Group Inc.
A New York judge refused to dismiss breach of fiduciary duty charges against American International Group Inc.'s former chairman, Maurice Greenberg. Supreme Court Justice Charles Ramos said AIG was entitled to present its case against Greenberg, former AIG Chief Financial Officer Howard Smith and others, Business Insurance reported Friday. The charges stem from a dispute over a block of AIG shares worth about $20 billion in 2005 that was used to finance an employee compensation plan at AIG.
By Anna Bahney Six days after the government rescued AIG with an $85 billion loan, the insurance company spent $443,000 on a week-long event for agents at a California resort, according to invoices produced during a congressional hearing Tuesday.
By Stephen Foley THE US government could end up controlling the insurance giant AIG under a deal being considered late last night.
Former executives of American International Group Inc., have agreed to a $115 million pretrial settlement to end a civil fraud lawsuit in Delaware. The case began six years ago.
Insurance giant American International Group said it had fired Chief Executive Officer Martin Sullivan after a closed-door board meeting. Sullivan is leaving after three years at the helm and will be replaced by A.I.G.
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.
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.
- Emitting flashes of light; glittering.