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.
Was this article valuable?
Here are more articles you may enjoy.
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 
Florida Supreme Court Ruling Could Mean New Pressure to Settle High-Dollar Lawsuits 
Viewpoint: Why Florida Property Insurance Rates Might (and Might Not) Keep Falling From This Issue
