As AIG Trial Begins, Hank Greenberg Makes the Case for Hank Greenberg

Maurice “Hank” Greenberg, former chairman and CEO of American International Group Photograph by Jonathan Fickies/Bloomberg

Remember the days when American International Group was the largest, most powerful insurance company on the planet? The AAA-rated giant that took on risks and markets that rivals seemed too nervous to touch? No? Well, Hank Greenberg does. The man who built AIG from a bit player into a powerhouse has fought to preserve that legacy since former Attorney General Eliot Spitzer essentially had him ousted in 2005. Today, he’s in the U.S. Court of Federal Claims to challenge the government’s 2008 bailout of his former company.

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