The aig story is well documented, telling of how the company virtually collapsed after greenberg was pushed out of leadership. The book also paints a clear picture of the harddriving, profitcentered corporate culture mr. The 16 players to blame for the aig fiasco business insider. The moe berg papers at the rare book and manuscript library, columbia university, new york, ny. Greenberg is chairman of starr companies, a global insurance and investment organization founded by cornelius vander starr in 1919 in shanghai, china. Greenberg, the often combative former chief executive of american international group, began a news media counteroffensive on monday to repair his legacy days after the bruising end to. Greenberg retired as chairman and ceo of american international group, inc.
Aig chairman and ceo hank greenberg in a few weeks. Aig claims that after leaving aig, greenberg engineered a takeover of sico, which had been controlled by aig during greenbergs tenure, and violated sicos fiduciary responsibility for what aig claims was a trust primarily designed to fund executive compensation plans. Moe greenberg providence, rhode island lawyer justia. Exaig ceo greenberg loses appeal over 2008 bailout reuters. They regale readers with riveting vignettes of how aig. Robert greenberg s most popular book is how to listen to and understand great music. They regale readers with riveting vignettes of how aig grew from a modest. Business insurance the aig story is well documented, telling of how the company virtually collapsed and greenberg was pushed out of leadership. Sep 16, 2008 i always wondered if aig was a house of cards held together by the master of smoke and mirrors, hank greenberg. Greenberg, the former chief executive of the insurance giant a. Part ii examines aig after greenbergs ouster, its role in the financial crisis, and its. Mar 25, 20 hank greenberg on turning aig into a global giant.
Selected as one of motley fools 5 great books you should read in t. Most news organizations are covering the trial straight, as if it were a deadly serious affair. Feb 10, 2017 maurice greenberg, aig s former ceo, admits he played a role in an early 2000s accounting scandal. May 20 greenberg s lawsuit against the federal government achieves class action status. Maurice raymond hank greenberg born may 4, 1925 in new york city is a businessman and former chairman and ceo of american international group aig, which under his tenure, was the worlds. Greenberg famously fostered at aig, which is described in military terms by the world war ii and. The book has much information to share with financial leaders to help grow a business and to protect a company during periods of economic downturns. Moe berg rare books and first editions at bauman rare books. The first weeks of hank greenbergs trial suggest that, 11 years after thennew york attorney general eliot spitzer cried fraud and drove mr. January 20 greenberg s book, the aig story, is released.
Use features like bookmarks, note taking and highlighting while reading the aig story. The ruling is upheld in appeals court in january 2014. A banner for american international group inc aig hangs on the facade of the new york stock exchange, in new york, u. Washington senators catcher morris moe berg never made it into the. May 09, 2017 maurice hank greenberg is on a losing streak. May 01, 2015 hank greenberg still in the ring at 90, battling a. The moe berg papers at the rare book and manuscript library, columbia university, new york, ny career statistics and player information from baseballreference, or fangraphs, or baseballreference minors, or retrosheet. First edition of these lectures on japanese history and culture, the copy belonging to major league baseball player and o. Maurice greenberg, former ceo of american international group, inc.
Maurice raymond hank greenberg born may 4, 1925 is an american business executive. November 2012 greenberg and starr internationals lawsuit against the federal reserve bank of new york is dismissed. Eliot spitzer successfully had ceo of aig greenberg fired perhaps taking the only knowledgeable person at the firm away from management of its debt books and hedging activity. Feb 10, 2017 greenberg admits aiding in fraudulent deals in aig settlement.
Mar 22, 2016 the greenbergs have long been regarded as titans of the insurance industry. Beginning in the late 1960s, hank greenberg and a small group of international insurance executives revolutionized the insurance industry and laid the groundwork for globalization. Greenberg retired as chairman and ceo of american international group aig, a former starr subsidiary, which became the first fully licensed foreign insurance company in china. The aig story hank greenberg and lawrence cunningham im interviewing former aig nyse. The moe berg papers at the rare book and manuscript library, columbia university, new york, ny career statistics and player information from baseballreference. Appropriately, the focus of most of the book is on greenbergs years at american international group aig, especially during the last decade when internal power plays led to his forced retirement.
The pugnacious former ceo told congress that their bailout plan for aig was a failure and that the companys implosion wasnt his fault in the first place. Robert greenberg has 46 books on goodreads with 7916 ratings. Greenberg admits aiding in fraudulent deals in aig. Most of his career has been spent conducting criminal investigation in specialized units.
Greenberg greenberg collaborates with cunningham lawgeorge washington univ contracts in the real world, 2012 to tell his side of the story of the incredible rise, and even more precipitous fall, of aig, once the worlds largest insurance company and the epicenter of one of the biggest bailouts ever. Greenbergs career is chronicled in the 2006 book fallen giant. It is, in fact, an absurdist comedy, rich in ironies, worthy of the marx brothers or mel brooks. Sep 14, 2016 fraud trial of aig boss hank greenberg finally gets under way. Hank greenberg still in the ring at 90, battling a. But the mismanagement of american international group inc nyse. Greenberg wound up in nasty backandforth litigation with aig after he was ousted, and much of the book seeks to show that aig s new management both. Guide to the papers of morris berg at the american jewish historical society, new york.
The narrative is written in a style that is understandable. With an active marketplace of over 175 million items, use the alibris advanced search page to find any item you are looking for through the advanced search, you can find items by searching specific terms such as title, artist, song title, genre, etc or you can narrow your focus using our amazing set of criteria parameters. Dont laugh off hank greenbergs ridiculous aig lawsuit. In 1962 greenberg was named by aigs founder, cornelius vander starr, as the head of aigs north. Selected as one of motley fools 5 great books you should read in the aig story, the companys longterm ceo hank greenberg 1967 to 2005 and gw professor and corporate governance expert lawrence cunningham chronicle the origins of the company and its relentless pioneering of open markets everywhere in the world. Former aig chief hank greenberg finally goes on trial reuters. Go search todays deals vouchers amazonbasics best sellers gift ideas new releases gift cards. Greenberg has 38 books on goodreads with 1738 ratings.
An interview with former aig ceo hank greenberg the motley fool. Research legal experience, professional associations, jurisdictions and contact information on justia. Greenberg out as ceo of aig, prosecutors are still. The 90yearold father built aig into the worlds largest insurer and promoted jeff and evan greenberg, 61, to senior.
Greenberg admits aiding in fraudulent deals in aig settlement. Most of his career has been spent conducting criminal investigation in specialized units including robbery, violent crimes and homicide. Hank greenberg was born hyman greenberg on january 1, 1911, in greenwich village, new york city, to romanianborn jewish immigrant parents david and sarah greenberg, who owned a successful clothshrinking plant in new york. The aig story first chronicles the origins of the company and its relentless pioneering of open markets everywhere in the world from 1970 to 2005. Some people call him the smartest baseball player of all time. Greenberg collaborates with cunningham lawgeorge washington univ contracts in the real world, 2012 to tell his side of the story of the incredible rise, and even more precipitous fall, of aig, once the worlds largest insurance company and the epicenter of one of the biggest bailouts ever.
Selected as one of motley fool s 5 great books you should read in the aig story, the companys longterm ceo hank greenberg 1967 to 2005 and gw professor and corporate governance expert lawrence cunningham chronicle the origins of the company and its relentless pioneering of open markets everywhere in the world. Also in the same year 2005, then new york attorney general, eliot spitzer made heavilypublicized allegations concerning accounting improprieties. Cutting a myth down to human size the new york times. Fraud trial of aig boss hank greenberg finally gets under way. He has also served on the departments hostage negotiation team. In his new book, the aig story, the man who ran the worlds largest insurer, maurice hank greenberg settles scores with the u. The history of hank greenberg and aig scholarly commons at. Selected as one of motley fool s 5 great books you should read. Join facebook to connect with moe greenberg and others you may know. Facebook gives people the power to share and makes the world more open and connected. American international group hank greenberg runs the worlds second largest financial conglomerate and the largest underwriter of commercial and industrial insurance.
Guest author blog by lawrence cunningham, coauthor of the aig story. That story is one of many retold in bethany mclean and joe noceras new book. It then explores how the company faltered after it adopted a onesizefitsall corporate governance structure that turned the company upside down and put it at the center of the 2008 financial crisis where the authorities seized upon it as both. Greenberg s own book gets biblical when it says his wrath befell those who delayed or deceived. The aig story kindle edition by greenberg, maurice r. Greenberg biography maurice raymond hank greenberg born may 4, 1925 is an american business executive and former chairman and ceo of american international group aig, which was the worlds 18th largest public company and its largest insurance and financial services corporation. Greenberg, chairman and ceo, starr insurance holdings, inc. In another blow to aigs 92year old former ceo, a federal appeals court on tuesday threw out an earlier ruling that the us government had. For as much rightful anger and disrespect the letters aig elicit, this book actually changed my view of the insurance giant. Feb 19, 20 selected as one of motley fool s 5 great books you should read in the aig story, the companys longterm ceo hank greenberg 1967 to 2005 and gw professor and corporate governance expert lawrence cunningham chronicle the origins of the company and its relentless pioneering of open markets everywhere in the world.
Greenberg s account of the spitzer years, along with his insider view of the 2008 financial crisis and the socalled aig bailout, can be found in his new book, the aig story, and in a new. Greenberg, the often combative former chief executive of american international group, began a news media counteroffensive. A unique insider view into the recent aig crisis and hank greenbergfor nearly 40 years, maurice hank greenberg was one of the most powerful ceos in america. Everyday low prices and free delivery on eligible orders. Aig, talks about the rise and fall of the international insurance and financial products company. In the first twothirds of the book, he deals with bergs baseball and spying careers. Maurice greenberg ranked 214 among the worlds richest people in 2006.
Legal practice includes social security disability and public benefits. Moe berg could speak twelve languagesand make up signs on the baseball. Sep, 2016 former ceo of american international group inc. I sat down with greenberg to discuss aigs early days, its rise to power, and its 2008 collapse. Greenbergs most popular book is emotionfocused therapy. Greenberg doesnt want buffett to buy aig but the exceo, finally free of legal jeopardy, is eager to help revive the troubled insurer. Description selected as one of motley fool s 5 great books you should read in the aig story, the companys longterm ceo hank greenberg 1967 to 2005 and gw professor and corporate governance expert lawrence cunningham chronicle the origins of the company and its relentless pioneering of open markets everywhere in the world. Maurice raymond hank greenberg born may 4, 1925 is an american business executive and former chairman and chief executive officer of american international group aig, which was the worlds 18th largest public company and the largest insurance and financial services corporation in history. They regale readers with riveting vignettes of how aig grew from a modest group of insurance enterprises in 1970 to the largest insurance company in world history. Greenberg several years ago who was involved in the attempted manipulation of aigs balance using gen re as a foil. May 09, 2017 exaig ceo greenberg loses appeal over 2008 bailout.
Under his leadership, aig became the largest insurance company in the world and generated unprecedented value for aig shareholders. Books by robert greenberg author of how to listen to and. Greenberg s most popular book is emotionfocused therapy. Greenberg and what he calls a band of brothersbuck freeman, jimmy manton, john roberts, ernie stempelbuilt aig by forging. Join japan society for a discussion about the new book the aig story. They regale readers with riveting vignettes of how aig grew from a. The moe berg papers at princeton university library. In the aig story, the companys longterm ceo hank greenberg 1967 to 2005 and gw professor and corporate governance expert lawrence cunningham chronicle the origins of the company and its relentless pioneering of open markets everywhere in the world. However, i found reading part 2 very difficult to read, as i had to read about the almost maniacal antics of a new york state politician by the name of elliot spitzer, who had no business being nys ag, much less nys. The amazing story of hank greenberg and the history of aig. February 10, 2017 greenberg and the new york attorney generals office reach a settlement in the 2005 civil fraud lawsuit.