Hank Greenberg News

Judge Allows Ex-AIG Leader Greenberg’s Defamation Claim Against Ex-AG Spitzer

Maurice “Hank” Greenberg, former chief executive of American International Group Inc., may pursue large parts of his defamation lawsuit against former New York Attorney General Eliot Spitzer, a New York state appeals court ruled. Wednesday’s decision by the Appellate Division …

Greenberg’s Starr Returns to Court Seeking Damages Over AIG Bailout

U.S. lawyers on Friday urged an appeals court to bless the federal government’s $85 billion bailout of American International Group Inc. At the same time, attorneys for Maurice “Hank” Greenberg are asking the same court to rule that he and …

Ex-AIG Chief Greenberg Won’t Surrender in 11-Year Old Reinsurance Fight

Even at 91, former American International Group Inc. Chairman Maurice “Hank” Greenberg isn’t ready to quit fighting. Greenberg scrapped with regulators and the Internal Revenue Service and beat the federal government in what some called a no-chance suit. Now, he’s …

For Greenbergs Post-AIG, Business Is $650M Family Affair

Long after leaving American International Group Inc., members of the Greenberg family are expanding financial ties through companies they now oversee. Evan Greenberg’s Chubb Ltd., previously known as Ace Ltd., has paid more than $650 million in commissions over the …

$10M Contributor Greenberg Says Jeb Bush Would Be ‘Outstanding Leader’

Maurice “Hank” Greenberg’s insurance company donated $10 million to a super-PAC supporting Republican Jeb Bush‘s bid for the White House, making him one of the biggest contributors to the 2016 presidential race yet. The donation, Greenberg said in an interview, …

Greenberg Will Appeal AIG Bailout Case Win Over Lack of Damages

Maurice “Hank’ Greenberg, who yesterday won what most considered a long-shot case with a ruling that the U.S. government acted illegally towards American International Group Inc. shareholders in the terms it imposed for its bailout in 2008, is appealing that …

Greenberg at 90: Still Fighting and Angry After All These Years

Maurice “Hank” Greenberg spent some of his 90th birthday party like he’s spent much of the past decade: angry. As he addressed his family at a lunch at a private estate this month, one of his sons made another laugh. …

Greenberg Upset Win in AIG $25 Billion Bailout Trial Possible

Lawyer David Boies has a shot at an upset win in the trial of Maurice “Hank” Greenberg’s $25 billion bailout case against the U.S. government, a turnaround from the weak odds he was given just a month ago. Boies, representing …

Unfamiliar Fed Saw ‘Exceptional’ Risks in AIG Situation, Says Geithner

American International Group Inc.’s unique set of risks was seen by one of the primary orchestrators of its rescue as requiring tough conditions that included the government’s taking most of the insurer’s stock. The fight over whether those terms were …

Greenberg’s Lawyer Says U.S. Demonized, Extorted AIG Shareholders in Bailout

The U.S. extorted American International Group Inc. shareholders when it extended a $182 billion taxpayer bailout at the height of the 2008 financial crisis, a lawyer for Maurice “Hank” Greenberg said. Greenberg’s Starr International Co., AIG’s largest shareholder when the …