Entries tagged "Greenberg"
American International Group's shares shot up to around $45 apiece on reports that the insurer's rescue package could be revised a fourth time.
Maurice "Hank" Greenberg, American International Group Inc.'s former chairman and largest shareholder with a roughly 10.4% stake, continues to cry out for a fair shake for his former company from the Federal Reserve, but the insurer's soon-to-be-largest stakeholder doesn't seem to be listening. ...
Having heard about Treasury Secretary Hank Paulson's investments in the nine leading banks, Maurice "Hank" Greenberg, American International Group Inc.'s largest shareholder and former chairman and CEO, has a new idea for an alernative to the Federal Reserve's $85 billion emergency loan, which threatens to wash out shareholders and leave the company a mere shell of its former self. ...
American International Group Inc.'s former chairman and CEO and largest shareholder plans to sell a portion of his 13.6% AIG stake on the open market, but who's buying?...
A committee of some of American International Group Inc.'s major shareholders met on Monday to discuss the possibility of raising capital to pay off the Federal Reserve's $85 billion loan before the Fed exercises its warrants representing 79.9% of the company and completely washes out the shareholder base. ...
