Latest Hank Greenberg Headlines

All the headlines from our Hank Greenberg Topic Page, ordered by recency.

News Briefs

Dec 4 2005 // Greenberg Will Not Face Criminal Charges: Additional civil charges against former American International Group Inc. Chairman and CEO Maurice “Hank” Greenberg are possible, but no state criminal charges are...

More Civil Claims ‘Possible’ Against AIG’s Former Boss, But No Criminal Charges Expected

Nov 28 2005 // Additional civil charges against former American International Group Inc. Chairman and CEO Maurice “Hank” Greenberg are possible, but no state criminal charges are expected, a spokesman for New York Attorney...

AIG Seeks $18 Billion in Stock from Greenberg’s Starr International

Oct 2 2005 // American International Group Inc. has asked a court to force a company led by its former chief executive, Maurice R. Greenberg, to relinquish nearly $18 billion in stock set up to benefit AIG executives.AIG, the...

Greenberg Fights Back; Ousted AIG Exec Defends Accounting and Challenges Current Management

Aug 4 2005 // Maurice “Hank” Greenberg, former chief executive officer of American International Group Inc., is battling back against charges he cooked AIG’s books, arguing that many of the accounting decisions for...

AIG Files Delayed Annual Proxy Statement; Greenberg Tallied $8 Million in Bonuses

Jun 28 2005 // American International Group Inc. has filed its delayed annual proxy with the Securities and Exchange Commission and set the date of its annual meeting for Thursday, Aug. 11. The company also said in the document filed...

Smith Follows Greenberg, Resigns from AIG Board of Directors

Jun 10 2005 // Shortly after Maurice “Hank” Greenberg made news in the last week, American International Group Inc. reported Friday that Howard Smith, the company’s former chief financial officer, resigned from its...

Undercover on Underwriting: Spitzer Spills AIG’s Secrets in Civil Complaint

Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next?From the 1980s until recently, insurance giant American International Group and its top executives “routinely engaged in misleading...

Undercover on Underwriting: Spitzer Spills AIG’s Secrets in Civil Complaint

Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next?– Maurice “Hank” Greenberg, AIG CEO, 1992From the 1980s until recently, insurance giant American International Group...

Former CEO Greenberg Transferred $2 Billion in AIG Shares to Wife Just Days Before Quitting Insurer

Apr 14 2005 // Three days before he resigned as head of American International Group Inc., Maurice ‘”Hank” Greenberg gave his wife 41.4 million of his shares in the insurance company, according to a regulatory...

Buffett Talks, Greenberg Mum as Investigators Continue Probe of AIG

Apr 12 2005 // On the day when billionaire investor Warren Buffett was interviewed by investigators and said he told them everything he knew, Maurice Greenberg, former chairman of American International Group, revealed that he would not...

Spitzer Claims ‘Powerful’ Evidence Against AIG; Stresses Today’s Witness Buffett Not Subject of Probes

Apr 10 2005 // New York Attorney General Eliot Spitzer said he disagrees with former CEO Maurice Greenberg’s attorney that accounting mistakes at American International Group were insignificant in their impact.Spitzer also...

Greenberg, AIG and Starr Consent to Court Order Protecting Documents Sought in Investigation

Apr 8 2005 // The Securities and Exchange Commission said it has obtained a protective order against Maurice R. Greenberg, C.V. Starr & Company Inc. and American International Group Inc., in the United States District Court for the...

Commentary: The Inevitable Hour

Apr 4 2005 // Bidding Farewell to AIG’s Legendary Hank GreenbergIn America, nothing fails like success, wrote novelist Budd Schulberg. That thought, among others, was on my mind as reports swirled around that Hank Greenberg,...

AIG’s CFO, VP are Latest Victims of Spitzer Investigation

Apr 4 2005 // Citing “people familiar with the matter,” the The Wall Street Journal reported that insurance giant American International Group Inc. fired two of its executives because they indicated they would invoke their...

GREENBERG TO RETIRE AS AIG CHARIMAN:

Apr 4 2005 // Maurice “Hank” Greenberg will step down as Chairman of American International Group’s Board of Directors, ending his more than 40-year relationship with AIG. Also, Warren Buffett, the well-known investor...

Copy of AIG Chairman Greenberg’s Retirement Letter

Mar 29 2005 // The Board of Directors of American International Group, Inc. (AIG) confirmed that it has received a letter from David Boies on behalf of its Chairman M. R. Greenberg, indicating his intent to retire from his position as...

Greenberg to Retire as AIG Chairman

Mar 29 2005 // The various investigations of giant insurer American International Group are continuing to take their toll. Maurice “Hank” Greenberg will step down as Chairman of American International Group’s Board of...

More Spitzer/SEC Fallout: AIG’s Greenberg Out; Sullivan Named CEO; Annual Report Delayed

Mar 14 2005 // The fallout from the investigations into conflicts of interest and questionable practices in the U.S insurance business spearheaded by New York Attorney General Eliot Spitzer has reached into the board room of one of the...

WSJ Report: Officials Probing AIG CEO Greenberg’s Role in Reinsurance Products

Mar 7 2005 // Federal and state investigators are looking into a deal between American International Group Inc. and Berkshire Hathaway Inc.’s General Reinsurance unit in part because of the alleged involvement of AIG’s...

AIG’s Greenberg Predicts ‘Leaner, More Responsive’ Insurance Brokers in Wake of Investigations

Dec 2 2004 // The chairman and chief executive officer if AIG said he thinks the ongoing broker investigations will cost large insurance brokers some of their top people and eventually make brokers leaner and more responsive to...