Wednesday, October 1, 2008

Former AIG chief plots his return

In early September, Hank Greenberg was in on-again, off-again settlement negotiations with the New York attorney general, with tens of millions of dollars and his reputation on the line. But his mind was elsewhere: While Greenberg was testifying on Sept. 12 amid the settlement talks, AIG lost 30% of its value, leaving him $276 million poorer.



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[Source: Financial news of the day - CNNMoney.com]

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