Declarations

July 6, 2009

Hankerin’ for a Fight

“Hank Greenberg was mad. He was angry.”

—Theodore Wells, lawyer for AIG, addressing jurors in the civil trial against ex-AIG head Maurice “Hank” Greenberg. Greenberg stands accused of plundering $4.3 billion in stock from the company in 2005 after his ouster as CEO. The shares, which had been earmarked for bonuses, were owned by the Greenberg-controlled holding company, Starr International.

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Insurance Journal Magazine July 6, 2009
July 6, 2009
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