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Ex-CEO Greenberg: AIG Needs Unified Plan Quickly to Recover

National News • December 5, 2008
Former American International Group Inc. CEO Maurice "Hank" Greenberg said the insurer could fall apart unless management quickly came up with a unified recovery plan. "You can't hold (together) ...

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Subject: RE: RE: AIG Unified Plan

Posted On: December 5, 2008, 3:08 pm CST
Posted By: Just a Stupid Underwriter
Comment:
Lets see Paula Rosput Reynolds was CEO at Safeco for a cup of coffee. Prior to that hmmmmmmm OIL AN GAS COMPANY. No Insurance whatsover (so Safeco)...I agree that the loan was to keep AIG from crashing so that they could find good companies to buy the parts for a decent price. And yes Hank was around when he and Warren buddy (GEN RE) put together some hmmmmm shall we say interesting accounting methods to keep AIG looking GREAT on paper....Yep I was around for that fiasco.......Hank is no better than what came after him.

If I was working at AIG (and I'm not) due to the market I would stay and hope that my division was bought by a good company.

Trust me I have been in 4 buyouts (including American States and Safeco) and it was worked out for the best EVERYTIME!!!!
Subject Posted By Posted On
come on!! Enough
Dec 9, 2008, 12:50 pm
Hank Brian
Dec 9, 2008, 10:52 am
RE: Unified Plan - 4 buyouts . wudchuck
Dec 8, 2008, 11:01 am
Unified Plan - 4 buyouts . holy crap
Dec 5, 2008, 11:59 pm
Why is Greenberg getting air time? Baxtor
Dec 5, 2008, 5:05 pm
RE: RE: AIG Unified Plan Just a Stupid Underwriter
Dec 5, 2008, 3:08 pm
RE: Let Sarah solve it! Old Boy
Dec 5, 2008, 2:32 pm
Let Sarah solve it! Sarah Supporter
Dec 5, 2008, 2:22 pm
LEADERSHIP DOUG
Dec 5, 2008, 2:16 pm
RE: RE: RE: LEADERSHIP David
Dec 5, 2008, 2:10 pm
RE: RE: LEADERSHIP Dave
Dec 5, 2008, 1:47 pm
RE: LEADERSHIP Akimbo
Dec 5, 2008, 12:58 pm
LEADERSHIP J C
Dec 5, 2008, 12:50 pm
RE: AIG Unified Plan Leary
Dec 5, 2008, 12:49 pm
RE: Leadership sly
Dec 5, 2008, 12:10 pm
Leadership Dale Longfellow, Hobson Ins
Dec 5, 2008, 11:48 am
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