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AIG’s Greenberg Thumbs Nose at U.S. Taxpayers in Book

If you’re among the U.S. taxpayers who watched in horror as $182 billion of your money made its way to the collapsing insurance giant American International Group Inc. during the financial crisis, it might come as a surprise to learn that your forced munificence didn’t make much of a difference.

In his new book, “The AIG Story,” former chief executive Maurice “Hank” Greenberg offers his take on what kept the company alive: “It was saved only by the loyalty and tenacity of its valiant workforce,” he says.