Declarations
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.
Popular Today
- People Moves: Zurich Gets Himes From Chubb To Lead Underwriting for US Mid Market
- Ice Cream Sandwich Maker Blames Agent for Lack of Recall Insurance After $4.5M Loss
- Brett Favre’s Defamation Suit Against State Auditor Can Move Forward, Court Says
- People Moves: CRC Names New Underwriting Leaders and Senior VP